All of the following are steps used to determine whether to use hedge accountingexcept:

Identity the hedging item.

Identify how the hedging item is accounted for without hedge accounting.

Identify how the hedged item is being accounted for without hedge accounting.

Identify the hedged account.

All of the following are steps used to determine whether to use hedge accounting except: 0 Identity the hedging item. 0 Identifyr how the hedging item is accounted for without hedge accounting. 0 Identifyr how the hedged item is being accounted for without hedge accounting. O Identifyr the hedged account