The notional amount of a derivative instrument is
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The notional amount of a derivative instrument is
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a. |
related to the number of units specified in the derivative and the price that relates to the asset or liability underlying the derivative. |
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b. |
the change in the price or rate that relates to the asset or liability underlying the derivative. |
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c. |
the price or rate that relates to the asset or liability underlying the derivative. |
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d. |
the number of units that is specified in the derivative instrument. |
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- Which of the following may be classified as a financial asset at fair value through profit or loss a. a non derivative equity instrument b. all of these' c. a derivative d. a non-derivative debt instrumentFASB Statement No. 133 requires that all derivative financial instruments be reported at their: a. Historical cost b. Fair value c. Present value d. Par valueA derivative is a financial instrument whose value is determined by _____________________. (Select two that apply) Select one or more: a. An underlying asset b. The features of the derivative itself c. Speculation d. A regulatory body such as the FTC
- What is the date on which the fair value of the equity instrument granted is measured? a. Measurement date b. Report date c. Grant date d. Exercise dateState the accounting guidelines for derivative financial instruments.true or false The net defined benefit liability/asset that is presented in the balance sheet is the difference between the FVTA and the PV of DBO, subject to the asset ceiling if appropriate.
- 2. Which of the following may not be equal to the contract rate of interest? a. stated rateb. nominal ratec. face rated. effective ratewhat is the normal balance of asset, liability, and equilt?What are the examples of Derivative Instruments? Define each examples and differentiate its nature and usage.
- A critical characteristic of a derivative is that the instrument a. derives its value from a related asset or liability. b. derives its value from changes in value of a related asset or liability. c. requires that the related asset or liability be sold or bought at settlement. d. requires the holder of the derivative instrument to make a significant investment.What are the definition criteria of an asset and a liabilityWhich of the following may be measured subsequently at amortized cost? A. non-derivative debt instrument B. none of these C. a derivative d. A non-derivative equity instrument