What Is the Requirement for Reporting Derivatives Under International Accounting

Multiple Choice

What is the requirement for reporting derivatives under international accounting standards and U.S. GAAP?

A) They may be shown on the balance sheet or they may be treated as off-balance sheet investments.
B) They must be shown on the balance sheet at fair value.
C) They must be shown on the balance sheet at historical cost.
D) They may be shown on the balance sheet at historical cost or at net realizable value.