Question: What are the differences in accounting for a forward contract used as a cash flow hedge of (a) A foreign-currency-denominated asset or liability (b) A
What are the differences in accounting for a forward contract used as a cash flow hedge of
(a) A foreign-currency-denominated asset or liability
(b) A forecasted foreign currency transaction?
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a For a cashflow hedge of a foreign currency assetor liability 1 sales revenue cost of purchases is ... View full answer
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