Question: Hedge effectiveness refers to Multiple choice question. whether the hedging instrument qualifies for hedge accounting. whether the hedged item is a risk that can receive

Hedge effectiveness refers to
Multiple choice question.
whether the hedging instrument qualifies for hedge accounting.
whether the hedged item is a risk that can receive hedge accounting.
how well a hedging instrument offsets a hedged risk.
how well a hedging instrument protects a firm from operating risks such as weather.

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