Which of the following is not a condition of accounting for hedge derivatives? ...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Which of the following is not a condition of accounting for hedge derivatives?
The derivative is used to hedge a cash flow exposure to foreign exchange risk.
The derivative is highly effective in offsetting changes in the cash flows or fair value related to the hedged item.
The derivative is used to hedge a fair value exposure to foreign exchange risk.
The derivative is properly documented as a hedge.
The derivative is minimally effective in offsetting changes in the cash flows or fair value related to the hedged item.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.