Multiple Choice
The purpose of a hedge on an identifiable commitment where the U.S.company is selling goods is to:
A) fix the basis of sales revenue to the date of the commitment
B) eliminate all exchange gains/losses from the date of commitment to the date of settlement
C) fix the basis of cost of goods sold to the date of commitment
D) eliminate any exchange gains/losses from the transaction date to the settlement date
Correct Answer:

Verified
Correct Answer:
Verified
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