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    Financial Accounting
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    Exam 7: Financial Statements Ii: the Balance Sheet and the Statement of Cash Flows
  5. Question
    The Definition of Fair Value in SFAS No 157FASB ASC
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The Definition of Fair Value in SFAS No 157FASB ASC

Question 27

Question 27

Multiple Choice

The definition of fair value in SFAS No 157FASB ASC 820) is


A) Entry price based
B) Exit price based
C) Replacement cost based
D) Historical cost based

Correct Answer:

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