Identify categories of risk focusing on broad classification

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Reference no: EM13926262

1. Briefly explain how speculative derivatives transactions are treated from an accounting perspective.

2. One responsibility of senior management is to identify acceptable risk management strategies. Identify three categories of risk, focusing on broad classifications and not on specific types of risks.

3. Identify and discuss five problems with regard to the application of FAS 133.

Reference no: EM13926262

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