Question
Assume a company enters into a forward contract to lock in a price on inventory that it will purchase over the next 12 months.This is
Assume a company enters into a forward contract to lock in a price on inventory that it will purchase over the next 12 months.This is an example of what type of hedge?
A.Fair-value
B.Cash flow
C.Speculative
D.Variable
E.Foreign currency
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Fundamentals Of Advanced Accounting
Authors: Joe Hoyle
4th Edition
78136636, 978-0078136634
