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aimtobeacpa
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Joined: 10 Dec 2009
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Posts: 657
Posted: 01 Nov 2010 at 23:16 | IP Logged  

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 ?


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