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According to AASB 13 Fair Value Measurement Which of the Following

Question 31

Multiple Choice

According to AASB 13 Fair Value Measurement which of the following should first be used when measuring the corresponding asset for a liability?


A) An income approach
B) The quoted price of the asset in an active market
C) The quoted price for the asset in a market that is not active
D) A market approach

Correct Answer:

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