IFRS and U.S. GAAP for hedge accounting differ on which of the following points?

	A.	U.S. GAAP requires changes in the value of all speculative hedges to be reported in income, while IFRS allows speculative hedge gains and losses to be reported in other comprehensive income.
	B.	U.S. GAAP requires changes in the value of cash flow hedges to be reclassified from other comprehensive income when the hedged transaction is reported in income, while IFRS allows permanent reporting of these gains and losses in AOCI.
	C.	IFRS requires gains and losses on hedges to be reported in the same income line with losses and gains on the hedged item, while U.S. GAAP is silent on this issue.
	D.	U.S. GAAP requires an initial quantitative evaluation of hedge effectiveness, while IFRS only requires that the hedge fits with the company's risk management strategy.