All hedging relationships must be highly effective to qualify for special accounting treatment. What is meant by

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All hedging relationships must be “highly effective” to qualify for special accounting treatment. What is meant by the term highly effective and why is its measurement important for financial managers?

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International Accounting

ISBN: 9780136111474

7th Edition

Authors: Frederick D. Choi, Gary K. Meek

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Question Posted: Jun 12, 2012 05:10 AM

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All hedging relationships must be highly effective to qualify for special accounting treatment. What is meant by

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In theory the term highly effective means that gains or l...View the full answer

International Accounting

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