aimtobeacpa Major Contributor
Joined: 10 Dec 2009
Online Status: Offline Posts: 657
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Posted: 01 Nov 2010 at 23:16 | IP Logged
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Which one of the following hedges using a forward
contract will require the recognition of a new asset or liability if a
gain or loss occurs on the hedging instrument?
A. Forecasted transaction hedge.
B. Firm commitment hedge.
ans
C. Recognized asset or liability hedge.
D. Net investment in foreign operations hedge.
can someone explain ?
__________________ BEC-74,82(lost credit),78
FAR-67,80
AUD-75
REG-68,72,79
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