Multiple Choice
What is a "hedge"?
A) A financial instrument that is speculative and increases the risk for the company.
B) An instrument that moves in the opposite direction to another financial asset or liability.
C) An instrument that moves in the same direction as another financial asset or liability.
D) A financial instrument that is prohibited by accounting standards under IFRS and ASPE.
Correct Answer:
Verified
Correct Answer:
Verified
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