Start learning →

How did IFRS 9 change hedge accounting for non-financial entities?

AIt became mandatory for all
BIt was prohibited for them
CIt became more feasible to use
DIt was limited to banks only
Answer & Solution
Correct answer: C. It became more feasible to use
IFRS 9 aligned hedge accounting with risk management, which made it easier for non-financial entities.
Practise this question with Quill — CA Final →

Keep practising Ind AS 109 Financial Instruments

Browse all Ind AS 109 Financial Instruments questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 109 Financial Instruments lesson →
Related questions