IAS 39 Financial Instruments: Recognition and Measurement on Speculative Forward

question 2

Multiple Choice

IAS 39 Financial Instruments: Recognition and Measurement on speculative forward exchange contracts requires that the contract be:

• A) revalued using spot rates throughout its life with any gains or losses to be deferred and amortized as they occur.
• B) revalued at fair value throughout its life with any gains or losses to be deferred and amortized as they occur.
• C) valued using spot rates throughout its life with any gains or losses to be taken into income as they occur.
• D)revalued at fair value throughout its life with any gains or losses to be taken into income as they occur.

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Definitions:

Retention

Retention in a business context refers to the ability of a company to keep its employees from leaving to work elsewhere.

Employee Relationship

Pertains to the management of interactions between the employer and employees, aiming to enhance job satisfaction, productivity, and organizational loyalty.

Human Capital

The proficiency, awareness, and prior achievements of a person or collective, assessed based on their economic value or price to an entity.

Human Capital

The collective value of the capability, intelligence, and productivity of individuals within an organization or society.