Which of the Following Is Not One of the GAAP

question 66

Multiple Choice

Which of the following is not one of the GAAP classifications for derivatives?

• A) Speculative investment
• B) Fair value hedge
• C) Asset-liability hedge
• D) Cash flow hedge

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Definitions:

Ethical Concern

Issues or situations that require a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Organisational Analysis

A systematic study of an organization's structure, functions, and dynamics to identify areas of improvement or development.

External Environment

Factors outside an organization that can affect its performance, including economic, political, social, and technological aspects.

Moral Principles

Fundamental beliefs regarding what is right and wrong that serve as a foundation for ethical behavior and decision-making.