Make-A-Wish Foundation invests in derivatives hedging the price risk of forecasted transactions. Unrealized gains on these derivatives are:

A).Not reported.
B).Reported on the Foundation's statement of activities as part of its change in net assets.
C).Reported on the Foundation's statement of activities as an offset to losses on the forecasted transactions.
D).Reported on the Foundation's statement of financial position in a separate category between liabilities and net assets.

Answer rating: 100% (QA)

option A is correct Reported on the Foundations statemen... View the full answer