Should gains and losses on a fair value hedge be recorded as they occur, or should they

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Should gains and losses on a fair value hedge be recorded as they occur, or should they be recorded to coincide with losses and gains on the item being hedged?

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Intermediate Accounting

ISBN: 9781259722660

9th Edition

Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas

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Question Posted: Jan 17, 2014 09:18 AM

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Should gains and losses on a fair value hedge be recorded as they occur, or should they

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The FASB has taken the position that the income effects of the hedge instrument and the income eff...View the full answer

Intermediate Accounting

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