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    Auditing A Business Risk Approach
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    Exam 18: Advanced Topics Concerning Complex Audit Judgments
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    The FASB Has Set a Hierarchy of Inputs to Consider
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The FASB Has Set a Hierarchy of Inputs to Consider

Question 67

Question 67

Multiple Choice

The FASB has set a hierarchy of inputs to consider in assessing fair value.Which of the following valuations are generally viewed as highly subjective?


A) Level 1
B) Level 2
C) Level 3
D) Level 4

Correct Answer:

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