Multiple Choice
Which of the following is not an example of a level 2 input?
A) Quoted prices in active markets for identical assets or liabilities.
B) Quoted prices for identical or similar assets or liabilities in markets that are not active.
C) Inputs other than quoted prices that are observable for the asset or liability,such as interest rates and yield curves,volatilities,prepayment speeds and credit risks.
D) Inputs that are derived from or corroborated by observable market data by correlation or other means.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Fair value under AASB 13 Fair Value
Q2: Which of the following statements regarding measuring
Q3: A market in which transactions for the
Q4: Inputs to valuation techniques can only be
Q6: One of the key concerns surrounding the
Q7: Fair value is determined at the exchange
Q8: The objectives of AASB 13 Fair Value
Q9: In measuring an equity instrument at fair
Q10: Which of the following is an example
Q11: The two most common measures for assets