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NEW QUESTION: 1
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Explanation:
Explanation/Reference:
Reference https://www.cisco.com/c/en/us/td/docs/unified_computing/ucs/UCS_CVDs/ flexpod_esxi55u2_n9k_aci_aff8040_design.html#_Toc425435693

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Answer: C
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An entity can mitigate a possible loss by using hedges to offset risk. Thus, an entity is said to hedge its financial positions. One of the criteria for hedge accounting is that the hedge be continually assessed and determined to have been effective. Thus it is not assessed only at its inception.


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