In order to measure fair value under IFRS13, an entity must determine
A. the item being measured, and how the item could or would be used.
B. the market the item would be (or is) bought and sold in.
C. which fair value model is being used to value the item.
D. all of the above
Answer:D
In order to measure fair value under IFRS13, an entity must determine
A. the item being measured, and how the item could or would be used. B. the market the item would be (or is) bought and sold in. C. which fair value model is being used to value the item. D. all of the above