With respect to derivative instruments that are designated as hedges, the FASB calls for which of the following general disclosures? a. The objective of using hedging instruments. b. Description of the various types of hedges. c. A description of the types of transactions that are hedged d. All of the above.
With respect to derivative instruments that are designated as hedges, the FASB calls for which of the following general disclosures? a. The objective of using hedging instruments. b. Description of the various types of hedges. c. A description of the types of transactions that are hedged d. All of the above.
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter10: Auditing Cash And Marketable Securities
Section: Chapter Questions
Problem 63RSCQ
Related questions
Question
With respect to derivative instruments that are designated as hedges, the FASB calls for which of the following general disclosures?
a. |
The objective of using hedging instruments. |
b. |
Description of the various types of hedges. |
c. |
A description of the types of transactions that are hedged |
d. |
All of the above. |
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