Authoritative Literature Provides Guidance for Hedges of the Following Sources

Multiple Choice

Authoritative literature provides guidance for hedges of the following sources of foreign exchange risk.I. Recognized foreign currency denominated assets and liabilities.II. Unrecognized foreign currency firm commitments.III. Forecasted foreign currency denominated transactions.

A) I only
B) I and II
C) II only
D) II and III
E) I, II, and III