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Which of the following statements best describes the purpose of hedge accounting? A, To recognize the exchange gains or losses on the hedging instrument in
Which of the following statements best describes the purpose of hedge accounting?
A, To recognize the exchange gains or losses on the hedging instrument in the same period as the exchange gains or losses on the hedged item.
B, To minimize or eliminate the risk of suffering a loss.
C, To assess whether a hedging relationship meets the hedge effectiveness requirements.
D, To record the amount of exchange gain or loss from the hedging instrument and hedged item.
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