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Chapter 12: Derivatives and Foreign Currency Transactions: Advanced Accounting
Chapter 12: Derivatives and Foreign Currency Transactions: Advanced Accounting
to accompany
Advanced Accounting, 10th edition
by Floyd A. Beams, Robin P. Clement,
Joseph H. Anthony, and Suzanne Lowensohn
• Hedged risk
– Variability in expected future cash flows
• Hedged risk
– Change in the value of the asset, liability, or
commitment