Using IFRS, hedge accounting allows the gain or loss on the hedge transaction to

be booked through other comprehensive income.

not be booked until the hedge closes.

not be booked.

be booked through net income.

Using IFRS, hedge accounting allows the gain or loss on the hedge transaction to O be booked through other comprehensive income. O not be booked until the hedge closes. O not be booked. O be booked through net income