Which of the Following Is the Definition of Exit Price

Multiple Choice

Which of the following is the definition of exit price per IFRS 13?

A) A transaction that assumes exposure to the market for a period before the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities; it is not a forced transaction (e.g. a forced liquidation or distress sale) ;
B) The amount for which an asset could be exchanged, or a liability settled, between knowledgeable, willing parties in an arm's length transaction;
C) The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date;
D) The price that would be received to sell an asset or paid to transfer a liability.