Multiple Choice
In relation to cash flow hedges,AASB 7 requires that an entity must disclose separately which of the following?
A) the amount reclassified from the statement of owners' equity
B) hedge effectiveness statement
C) hedging gains or losses of the reporting that were recognised in other comprehensive income
D) hedge accountability statement
Correct Answer:
Verified
Correct Answer:
Verified
Q1: AASB 121 requires the translation of financial
Q3: Which of the following methods have been
Q4: Explain,using simple numerical example(s),how hedging a foreign
Q5: Explain,using simple numerical examples,the hedging of currency
Q6: The 'spot' rate of exchange for foreign
Q7: Once an entity has designated the hedging
Q8: Maypole Pty Ltd is an Australian
Q9: The 'forward' rate of exchange for foreign
Q10: AASB 121 requires an entity to measure
Q11: Exchange rates between the Australian dollar and