Question 12 1 Point Amortization will be for the difference between A None of the other answers. B cost and FV. FV and BV. D cost and BV. Question 13 1 Point Assume that the cash balance on December 31, 2020 was SR 8 million (including $1 million recorded when exchange rate $1 = 5R3), the exchange rate on Dec. 31 is $1 = SR 5, then the required journal entry to record the change in exchange rate on Dec. 31 is A None of the other answers. B) Cash debit 2000,000 and Exchange gain credit 2000,000 C Cash debit 5000,000 and Exchange gain credit 5000,000 D Exchange loss debit 2000,000 and cash credit 2000,000 Question 14 1 Point If the total equity and liabilities of Alpha (holding) $500 and the fair value of equity and liabilities of Bita 300 (including $200 equity), the total consolidated equity and liabilities is A $600 B $800 C$700 D None of the other answers. Question 15 1 Point A hedge can do the following except A) Reduce risks to improve financial position B Help manage costs C prevent tax benefits D Shift risk of fluctuations in sales prices, costs, interest rates, or currency exchange rates