All of the Following Are True Statements When Measuring Hedge

Multiple Choice

All of the following are true statements when measuring hedge effectiveness except:

A) Effectiveness means there is an approximate offset with the range of 80% to 125% of the changes in the fair value of the cash flows.
B) Effectiveness means there is an approximate offset in fair value to the risk being hedged.
C) A company may elect to choose from several different measures for assessing hedge effectiveness.
D) Effectiveness must be assessed at least annually when the company reports their annual financial statements.