A is corrent. The four foreign currency hedges are an unrecognized firm commitment, an available-for-sale security, a foreign currency denominated forecasted transaction, and a net investment in foreign operations. A hedge of a recognized asset or liability is a fair value hedge or cash flow hedge, not a foreign currency hedge.
B is incorrect. The four foreign currency hedges are an unrecognized firm commitment, an available-for-sale security, a foreign currency denominated forecasted transaction, and a net investment in foreign operations. A hedge of a recognized asset or liability is a fair value hedge or cash flow hedge, not a foreign currency hedge.
C is incorrect. The four foreign currency hedges are an unrecognized firm commitment, an available-for-sale security, a foreign currency denominated forecasted transaction, and a net investment in foreign operations. A hedge of a recognized asset or liability is a fair value hedge or cash flow hedge, not a foreign currency hedge.
D is incorrect. The four foreign currency hedges are an unrecognized firm commitment, an available-for-sale security, a foreign currency denominated forecasted transaction, and a net investment in foreign operations. A hedge of a recognized asset or liability is a fair value hedge or cash flow hedge, not a foreign currency hedge.
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