IFRS 9 Requires That the Difference Between the Spot and Futures

Multiple Choice

IFRS 9 requires that the difference between the spot and futures price of futures used for hedging to be reported:

A) In other comprehensive income and amortized to income over time.
B) In other comprehensive income, with no reclassification to income.
C) In income as incurred.
D) As an adjustment to the carrying value of the hedged item.