Question: Whether gains and losses from changes in the fair value of derivatives are recognized on the income statement as part of net income or on

Whether gains and losses from changes in the fair value of derivatives are recognized on the income statement as part of net income or on the balance sheet as
a component of other comprehensive income depends on
the treatment method used by other companies in the same industry
whether the derivative is used for hedging purpose or for speculation
whether the gains or losses are significant
the treatment method used by the company in prior years
 Whether gains and losses from changes in the fair value of

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