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    Exam 14: Using Derivatives to Manage Foreign Currency Exposures
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    Under FAS 133, FX Gains and Losses Resulting from Speculating
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Under FAS 133, FX Gains and Losses Resulting from Speculating

Question 183

Question 183

True/False

Under FAS 133, FX gains and losses resulting from speculating using an FX forward cannot be deferred.

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