With regard to hedging translation exposure, translation losses ______ – McqOptions

MCQOPTIONS

1.	With regard to hedging translation exposure, translation losses _______; and gains on forward contracts used to hedge translation exposure _______.
A.	are not tax deductible; are taxed
B.	are not tax deductible; are not taxed
C.	are tax deductible; are taxed
D.	are tax deductible; are not taxed
Answer» B. are not tax deductible; are not taxed

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