Question
If a Cash Flow Hedge is NOT designated as a hedge a Company must record other comprehensive income/loss for the change in the fair value
If a Cash Flow Hedge is NOT designated as a hedge a Company must record other comprehensive income/loss for the change in the fair value of the swap derivative:
Group of answer choices
True
False
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Edition
047116920X, 978-0471169208
