A Company Recognizes a Gain or Loss from a Fair

Multiple Choice

A company recognizes a gain or loss from a fair value hedge:

A) On a deferred basis, with the gain or loss being reported in other comprehensive income in the interim.
B) Within 18 months of the gain or loss from the item being hedged.
C) Immediately in earnings along with the loss or gain from the item being hedged.
D) No gains or losses are reported on fair value hedges.