How should gains and losses from chash flow hedges be recognized? Group of answer choices The effective portion should be a component of other comprehensive income in the period of the anticipated cash flow change and subsequently in earnings in the period net settlement occurs. The gain or loss should be reconized currently in earnings in the same accounting period. No gain or loss recognition for the effective portion in the period of the cash flow hedge, but subsequent recognition of gain or loss in the earnings in the period net settlement occurs. Gains are reconized in accumulated other comprehensive income and losses are reconized currently in earnings