What Significant Event in Jewish History Occurred in 1948

question 6

Multiple Choice

What significant event in Jewish history occurred in 1948?

• A)Lost Scriptures of the Hebrew Bible were found and restored.
• B)The Messiah appeared in the Temple.
• C)The bar Kochba fought to restore Jewish fortunes.
• D)Israel was established as a nation.

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Definitions:

Cash Flow Hedge

A type of hedge that protects against the variability in cash flows that is attributable to a particular risk associated with a recognized asset or liability or a highly probable forecasted transaction.

Fair Value Hedge

A type of hedge that is used to mitigate the risk of changes in the fair value of an asset or liability.

Net Investment

The purchase of capital assets minus depreciation, representing the total amount invested in assets for generating income.

Recognised Asset

An item of economic value that is accounted for and reported on a company's financial statements, meeting specific recognition criteria.