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If a financial instrument is classified as a cash flow hedge, then a. its gains or losses are reported in the income statement if a

If a financial instrument is classified as a cash flow hedge, then

a.
its gains or losses are reported in the income statement if a fiscal year-end occurs before the settlement date.

b.
it is classified as a held-to-maturity asset.

c.
it does not require a notional amount.

d.
its gains or losses are reported in the balance sheet if a fiscal year-end occurs before the settlement date.

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	a.	its gains or losses are reported in the income statement if a fiscal year-end occurs before the settlement date.
	b.	it is classified as a held-to-maturity asset.
	c.	it does not require a notional amount.
	d.	its gains or losses are reported in the balance sheet if a fiscal year-end occurs before the settlement date.