B is corrent. If a company issues monthly financial statements, the assessment of hedge effectiveness should be performed on a monthly basis. The effectiveness of the hedging relationship must be assessed when financial statements are prepared and at least every 3 months.
A is incorrect. If a company issues monthly financial statements, the assessment of hedge effectiveness should be performed on a monthly basis. The effectiveness of the hedging relationship must be assessed when financial statements are prepared and at least every 3 months.
C is incorrect. If a company issues monthly financial statements, the assessment of hedge effectiveness should be performed on a monthly basis. The effectiveness of the hedging relationship must be assessed when financial statements are prepared and at least every 3 months.
D is incorrect. If a company issues monthly financial statements, the assessment of hedge effectiveness should be performed on a monthly basis. The effectiveness of the hedging relationship must be assessed when financial statements are prepared and at least every 3 months.
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