AICPA每日一练之FAR【2016-1-10】

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Disclosure of credit risk of financial instruments with off-balance-sheet risk does not have to include

A. The specific names of the parties associated with the financial instrument.

B. The amount of accounting loss the entity would incur should any party to the financial instrument fail to perform.

C. The loss of financial instruments held.

D. The entity’s policy of requiring collateral or security.

Answer:A

A is corrent. The following disclosures are required about credit risk for financial instruments with off-balance-sheet credit risk.

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