Question: When valuing financial instruments at fair value (the fair value option), 1. IFRS allows this for all financial instruments. 2. ASPE allows this option only

When valuing financial instruments at fair value (the fair value option),

1. IFRS allows this for all financial instruments.

2. ASPE allows this option only for certain financial instruments.

3. IFRS requires that non-performance risk be included in the fair value measurement.

4. IFRS requires that this option be used only where fair value does not result in more relevant information.

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