Question: Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org) Required: 1. Identify the Codification topic number that provides guidance on fair value measurements.

Access the FASB Accounting Standards Codification at the FASB website (www.fasb.org) 


Required: 

1. Identify the Codification topic number that provides guidance on fair value measurements. 

2. What is the specific seven-digit Codification citation (XXX-XX-XX) that lists the disclosures required in the notes to the financial statements for each major category of assets and liabilities measured at fair value?

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