Exercise 3.5 ★ EXIT PRICES AS FAIR VALUE FOR CLASSES OF ASSETS In its response to the IASB exposure draft, the G100 in Australia stated: The G100 does not believe that an exit price based measure of fair value is appropriate for all classes of assets. While such a measure may be appropriate for fi nancial instruments we do not believe that an exit price based measure provides useful information for certain classes of non-fi nancial assets such as property, plant and equipment where an entity-specifi c measure may be more appropriate. Required Discuss the use of entity-specifi c information in the generation of fair value numbers under IFRS 13.