Which of the Following Represents Three Criteria of Which All

Multiple Choice

Which of the following represents three criteria of which all must be met by a hedging relationship for it to qualify for hedge accounting?

A) the hedging relationship consists only of eligible hedging instruments and eligible hedged items
B) at the inception of the hedging relationship there is formal designation and documentation of the hedging relationship and the entity's risk management objective and strategy for undertaking the hedge
C) the hedging relationship meets hedge effectiveness requirements
D) all of the above