Multiple Choice
In terms of retrospectively assessing hedge effectiveness,which of the following situations does not meet the criteria for effectiveness?
A) Fair value of shares increased by $12 750; fair value of hedging instrument increased by $11 200
B) Fair value of shares increased by $12 800; fair value of hedging instrument decreased by $10 255
C) Fair value of shares decreased by $12 316; fair value of hedging instrument increased by $15 325
D) Fair value of shares decreased by $11 999; fair value of hedging instrument increased by $13 225
Correct Answer:

Verified
Correct Answer:
Verified
Q44: The functional currency of an entity is
Q45: An entity may change its functional currency
Q46: It seems pointless to distinguish between different
Q47: Which of the following statements is correct
Q48: According to AASB 139,what are the five
Q50: If an organisation enters a foreign currency
Q51: What is a qualifying asset,and what are
Q52: On 1 July 2013 Kanga Consultants
Q53: How does the accounting treatment for qualifying
Q54: Explain why some opponents of the accounting