b6d83f54_l_Review_Flashcards___Cram_com___using_dividend_growth_model__
D is correct. The following items must be disclosed regarding financial instruments with off-balance-sheet risk of accounting loss: * Accounting loss incurred if any party to the instrument failed completely to perform and the collateral proved to be of no value. * Face or contract amount * Instrument's nature and terms, including credit risk, market risk, cash requirements, and related accounting policies. * Entity's policy for requiring collateral it accepts, and a description of collateral on instruments presently held
All of the following must be disclosed regarding financial instruments with off-balance-sheet risk of accounting loss, Except the: A- accounting loss incurred if any party to the instrument failed completely to perform, and the collateral proved to be of no value. B- face or contract amount. C- instrument's nature and terms, including credit risk, market risk, cash requirements, and related accounting policies. D- amount by which earnings per share would change if the accounting loss were to occur.
Final Review Flashcards - Cram.com