Which of the following is not a required condition for utilizing hedge accounting? The hedge must be: Multiple Choice highly effective. effective at the inception of the hedge term. effective at the end of the hedge term. perfectly effective.

Which of the following is not a required condition for utilizing hedge accounting? The hedge must be: Multiple Choice highly effective. effective at the inception of the hedge term. effective at the end of the hedge term. perfectly effective.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter13: Investments And Long-term Receivables

Section: Chapter Questions

Problem 34GI

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Question

Which of the following is not a required condition for utilizing hedge accounting? The hedge must be:

Multiple Choice

highly effective.
effective at the inception of the hedge term.
effective at the end of the hedge term.
perfectly effective.

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