Which of the following is NOT one of the reasons given for issuing IFRS 13?
A. To replace the use of historical cost
B. To enhance disclosure
C. To clarify the definition of fair value
D. To provide a single source of guidance on the use of fair value
Answer:A
Which of the following is NOT one of the reasons given for issuing IFRS 13?
A. To replace the use of historical cost B. To enhance disclosure C. To clarify the definition of fair value D. To provide a single source of guidance on the use of fair value