In Which Circumstance Will It Be Necessary to Determine the Fair

Multiple Choice

In which circumstance will it be necessary to determine the fair value of an entity's own equity instruments?

A) Where the entity is preparing for an initial public offering of shares.
B) Where the entity undertakes a business combination and issues its own equity instruments in exchange for a business.
C) Where the entity undertakes a share buy-back.
D) Where the entity makes a right issue of shares to existing shareholders.