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What is the purpose of using hedge accounting rather than normal accounting when reporting hedging activities? A.Identify which investments hedge the company's currency risk. B.Avoid

What is the purpose of using hedge accounting rather than normal accounting when reporting hedging activities?

A.Identify which investments hedge the company's currency risk.

B.Avoid reporting gains and losses on investments in financial derivatives.

C.Report all hedge investments at fair value on the balance sheet.

D.Report the gains and losses on the hedge investment in income in the same period as the losses and gains on the hedged item.

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