Under U.S. GAAP, where are changes in the fair value of derivatives reported?
A. as part of “Accumulated Other Comprehensive Income” on the Balance Sheet
B. They are not recognized until the options are exercised.
C. Retained Earnings
D. None of the above
Answer:A
Under U.S. GAAP, where are changes in the fair value of derivatives reported?
A. as part of “Accumulated Other Comprehensive Income” on the Balance Sheet B. They are not recognized until the options are exercised. C. Retained Earnings D. None of the above