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    Intermediate Accounting Study Set 12
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    Exam 4: Complex Financial Instruments
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    Using IFRS, Hedge Accounting Allows the Gain or Loss on the Hedge
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Using IFRS, Hedge Accounting Allows the Gain or Loss on the Hedge

Question 34

Question 34

Multiple Choice

Using IFRS, hedge accounting allows the gain or loss on the hedge transaction to


A) be booked through net income.
B) be booked through other comprehensive income.
C) not be booked.
D) not be booked until the hedge closes.

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