Which of the following statements relating to hedge accounting requirements is false?

a. to qualify for hedge accounting, the hedging relationship, both at the inception of the hedge and on an ongoing basis, shall be expected to be highly effective in achieving either of the following:

b. documentation requirements to use hedge accounting are extensive and include documentation at the inception of the hedge of risk management objective and strategy among other topics.

c. for foreign currency-related hedges, the hedges transaction is required to be denominated in a currency other than the functional currency of the entity engaging in the hedging transaction

d. companies can elect hedge accounting after the fact