Authoritative literature provides guidance for hedges of the following sources of foreign exchange risk. I. Recognized foreign currency-denominated assets and liabilities II. Unrecognized foreign currency firm commitments III. Forecasted foreign currency-denominated transactions Multiple Choice O O O I only I and II Il only

Authoritative literature provides guidance for hedges of the following sources of foreign exchange risk. 1. Recognized foreign currency-denominated assets and liabilities II. Unrecognized foreign currency firm commitments III. Forecasted foreign currency-denominated transactions Multiple Choice Ionly I and II II only