Are short-term receivables and payables required to be included in the quantitative information?
Answer If the carrying amounts of short-term receivables and payables approximate their fair values, they are not considered “other financial instruments.” Otherwise, the amounts are within the scope of the disclosure rule, and disclosure of their market risk, if material, is required. Question 28. May different disclosure alternatives be used to present quantitative information about risk of loss in the trading and non-trading portfolios or separate market risk exposure categories within those portfolios? Answer Yes. Companies may choose one of three alternatives for all of the required quantitative disclosures about market risk. A company may choose one disclosure alternative for market risk sensitive instruments entered into for trading purposes and another alternative for all other market risk sensitive instruments. Also, a company may choose any of the three disclosure alternatives for each risk exposure category within the trading and other than trading portfolios. For example, a