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A forward contract used as a cash flow hedge will be recorded as an asset if a. the holder is expecting to receive a payment

A forward contract used as a cash flow hedge will be recorded as an asset if

a.

the holder is expecting to receive a payment as a result of the contract.

b.

the holder is accounting for the hedged instrument as a fair value hedge.

c.

the holder is hedging the net investment in a foreign entity.

d.

the holder is using the alternate accounting method and deferring all gains or losses from the hedge.

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