Which of the following is likely to be an impact of a change in the economy on the accounting for derivatives that have elected hedge accounting? O a. All hedged transactions should immediately impact earnings. b. Hedge accounting is not impacted by the likelihood of the hedged forecasted transaction occurring after initial recognition. c. Hedge accounting may need to cease with retrospective restatement of financial statements if the probability of the hedged forecasted transaction occurring decreases. d. Hedge accounting may need to cease prospectively if the probability of the hedged forecasted transaction occurring decreases.

Which of the tolowing is laely te be an irpect of a change in the economy an the ocoboriting for distivothes that heve elected hedipe accourting? a. A hedond tranvocticim wholld imenediately impoct eomings