Question
1. How is the cash flow hedged? 2. How is the fair value hedged? 3. How does the financial statement impact differ between the two
1. How is the cash flow "hedged?"
2. How is the fair value "hedged?"
3. How does the financial statement impact differ between the two hedges of the AFS security portfolio?
4. How does the accounting under SFAS No. 133 differ from the accounting under SFAS No. 115 once the AFS securities are designated as the hedged item?
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Managerial Accounting An Introduction To Concepts Methods And Uses
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil, Sidney Davidson
7th Edition
0030259630, 978-0030259630
