Question: The fair value measurement method can be dissected into three levels. Is it appropriate to describe each level as 'fair value' given the differing natures?

  1. The fair value measurement method can be dissected into three levels. Is it appropriate to describe each level as 'fair value' given the differing natures?
  2. Discuss the issues related with fair value measurement of assets without an active market?
  3. "Fair value measurement is that it makes accounting information more relevant and reliable."Do you agree with the statement?

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