Question: When measuring fair value, what type of inputs should be used under the Fair Value Hierarchy? Group of answer choices All inputs are weighted equally
When measuring fair value, what type of inputs should be used under the Fair Value Hierarchy? Group of answer choices All inputs are weighted equally Inputs should maximise observable data and minimise unobservable data Always use Level 3 inputs if they are reliable Entities may choose any level if results are reasonable
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
