?? In hedge accounting, a cash flow hedge.affects:a) Current period income statement onlyb) Retained earnings directlyc) Balance sheet accounts only.d) Other comprehensive income until realized

When the hedged transaction finally occurs, the amount is then reclassified from OCI to the income…

Answered: In hedge accounting, a cash flow hedge.…

Entrepreneurial Finance

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Author:Leach

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Chapter16: Financially Troubled Ventures: Turnaround Opportunities?

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Accounting MCQ
4 POINTS
When is a gain or a loss from a cash flow hedge reported in earnings?
How is the impact of uncertainty reflected in a discounted cash flow (DCF) analysis?a) Debt/equity mixb) Discount ratec) Income tax rated) Interest coverage ratio
Which of the following returns is consistent with contractual cash flows that are solely payments of principal and interest or SPPI? I. Return of passage of time II. Return for the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation III. Return for the risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities that are settled by delivering cash or another financial asset IV. Return for amounts to cover expenses and a profit margin a. I, II, III, and IV b. I, II, and III c. I and IV only d. II and III only
These are ways in which depository financial institutions measure liquidity risk except: a. Liquid assets to total assets. b. Liquid assets to long term liabilities. c. Maturity gap analysis return. d. Net liquidity statement.
True or False: The classified balance sheet will reflect accounts receivables at net realizable value; fixed assets at net book value; and short term investments (trading securities/common stock) at their fair value/market value. O True O False
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Current Asset
Short-term investments are reported in the current assets section of the balance sheet before Cash. a separate section of the balance sheet after current assets. a separate section of the balance sheet before current assets. the current assets section of the balance sheet after Cash.
Which of the following situations does not base an accounting measure on a present value? Prepaid insurance , leases, pensions or sinking funds

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In hedge accounting, a cash flow hedge. affects: a) Current period income statement only b) Retained earnings directly c) Balance sheet accounts only. d) Other comprehensive income until realized