Which of the Following Is the Order of the Hierarchy

Multiple Choice

Which of the following is the order of the hierarchy as prescribed in IAS 41 for approximating fair value of an agricultural asset?

A) Active market price, sector benchmarks, recent transaction price, present value of future cash flows, market price for similar assets
B) Active market price, market price for similar assets, recent transaction price, sector benchmarks, present value of future cash flows
C) Active market price, recent transaction price, market prices for similar assets, sector benchmarks, present value of future cash flows
D) Active market price, present value of future cash flows, market prices for similar assets, sector benchmarks, recent transaction price