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AASB 13 Fair Value Measurement Allows the Use of Which

Question 12

Multiple Choice

AASB 13 Fair Value Measurement allows the use of which of the following as a practical expedient when measuring the fair value of financial instruments where there are both bid and ask prices?


A) The bid price
B) The ask price
C) The bid-ask spread
D) The mid-market price

Correct Answer:

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