Under ASC 815, a fair value hedge of a forecasted transaction is

date:2026-02-03 18:08:28 author:admin browse: time View comments Add Collection

Under ASC 815, a fair value hedge of a forecasted transaction is

Under ASC 815, a fair value hedge of a forecasted transaction is:

A. Allowed

B. Not allowed

C. Only for interest rate risk

D. Only for foreign currency risk

Answer: A

Explanation: ASC 815-20-25-1: Fair value hedges can hedge forecasted transactions (e.g., foreign currency).