What is accurate statement regarding required nfp reporting

Assignment Help Financial Accounting
Reference no: EM132499269

Question 1: What is an accurate statement regarding required NFP reporting of derivatives used to hedge forecasted transactions?

Option A. NFP reporting standards do not allow any special hedge accounting for hedges of forecasted transactions.

Option B. Similar to businesses, NFPs can report changes in the value of derivatives used for hedging as adjustments to OCI rather than reporting gains and losses on the operating statement.

Option C. Similar to governments, NFPs can report changes in the value of derivatives used for hedging as deferred inflows/outflows on the balance sheet rather than reporting gains and losses on the operating statement.

Option D. NFP organizations do not report unrealized gains and losses on hedge investments.

Reference no: EM132499269

Questions Cloud

Estimate the two-year swap rate : Estimate the two-year swap rate. All rates are expressed with continuous compounding.
What will be the net cash flow for year one : What will be the net cash flow for year one of this project?
What is alpha initial investment and npv : The level of risk exhibited by Project Alpha is the same as that exhibited by the company's average project. The WACC for Eagle Manufacturing is 10%.
Why some people resist the idea of working in teams : Why do you think some people resist the idea of working in teams (in IT industry) and how would you deal with their resistance? Provide specific examples.
What is accurate statement regarding required nfp reporting : What is an accurate statement regarding required NFP reporting of derivatives used to hedge forecasted transactions? NFP reporting standards
What is bad debt expense for the current year : What is bad debt expense for the current year? At the start of the year, Habitat for Humanity reports gross contributions receivable of $8,000
How are the assets of the new entity valued : Two NFP organizations form a new entity, which takes control of the activities of both organizations. How are the assets of the new entity valued?
What the net effect of the contribution in the organization : $3,000 to provide financial services to a private NFP organization. The net effect of this contribution in the organization's statement of activities is
What is the wacc for the last dollar raised to complete : Olsen Outfitters Inc, What is the WACC for the last dollar raised to complete the expansion? Round your answer to two decimal places.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Under what conditions would you have a tax preference

How important is a firms decision to pay dividends versus repurchase shares - Under what conditions would you have a tax preference?

  About the business trip

After his first business trip to a major city, Herman is alarmed when he reviews his credit card receipts. Both the hotel bill and the car rental charge are in excess of the price he was quoted. Was Herman overcharged, or is there an explanation for ..

  Finance charge of the amount of accounts receivable

Sarasota Incorporated factored $167,800 of accounts receivable with Ivanhoe Factors Inc. on a without-recourse basis. Ivanhoe assesses a 2% finance charge of the amount of accounts receivable and retains an amount equal to 6% of accounts receivable f..

  Network operating system in one page

What are the functions performed by a network operating system in one page with references?

  What is the target net income to achieve item

What is the target net income to achieve item b) if only working the 5 summer months per year? With the data of the financial statements that you have completed, did Marco and Lara achieved their target as set in tem c)?

  Entered into sales contract with the defendant

Amar entered into a sales contract with the defendant, Karinol, for the purchase of electronicwatches. The contract was silent as to shipping terms. However, the contract did have a notation in it stating that the goods were to be delivered to a loca..

  Would it be something that would concern you

What if the balance sheet shows negative retained earnings? Where might you look to find out what caused that to happen? Would it be something that would concern you?

  What is elliott cost of equity

It's beta is 1.6, the risk-free rate is 4%, and the market risk premium is 7%. Elliott's combined federal -plus-state tax rate is 25%.

  Desire of being a dominant player in the global market

Many firms are relying on cloud computing, also known as “the cloud,” to perform key business functions. By moving transactional processing to the cloud, firms are exposing themselves to additional attacks as well as to tighter scrutiny from regulato..

  How much would be willing to lend the business owner

A small business owner visits her bank, If the bank is charging customers 7.5 percent APR, how much would it be willing to lend the business owner?

  Calculate the terminal value

To calculate the terminal value, we must determine the net cash flow for 2013. This is derived from the 2012 new cash flow at the terminal growth

  What is the minimum volume of car sales per year

What is the minimum volume of car sales, per year, in the six-year life of the plant that is needed to make this proposed investment acceptable using NPV as decision criterion?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd