Question: Which statement is correct about hedge accounting? Question content area bottom Part 1 A. It permits the hedging item and the hedging instrument to be

Which statement is correct about hedge accounting? Question content area bottom Part 1 A. It permits the hedging item and the hedging instrument to be recorded in the same way. B. Hedge accounting must be reported in OCI. C. The financial effects of the hedging item and instrument offset 100% in hedge accounting. D. Hedge accounting must be reported in profit or loss

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