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    Auditing and Assurance Services Study Set 2
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    Exam 23: Audit of Cash and Financial Instruments
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    The Use of Unobservable Inputs Such as a Pricing Model
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The Use of Unobservable Inputs Such as a Pricing Model

Question 94

Question 94

Multiple Choice

The use of unobservable inputs such as a pricing model or discounted cash flow is an example of a level ________ estimate.


A) 1
B) 2
C) 3
D) 1 and 3

Correct Answer:

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