Question: Choose one correct statement from the below: IFS 13 requires an entity to determine the following: Choose one correct statement from the below: IFRS 13
Choose one correct statement from the below: IFRS 13 requires an entity to determine the following: elect the correct option and seiect Submit. The characteristics of the particular asset or liability that is the subject of the measurement (consistent with its unit of account). For a non-financial asset, the valuation premise that is appropriate for the measurement (consistent with its highest and best use). The principal (or most advantageous) market for the asset or liability; The valuation technique(s) appropriate for the measurement, considering the avallability of data with which to develop inputs that represent the assumptions that market participants would use when pricing the asset or liability and the level of the fair value hierarchy within which the inputs are categorized. All of the above must be determined in a fair value measurement
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