GAAP Disclosures for Fair Value Measurements Now Require That Fair

question 5

Multiple Choice

GAAP disclosures for fair value measurements now require that fair value measurements using Level 3 inputs include all of the following except

• A)the valuation technique used to measure the fair value
• B)a reconciliation of the Level 3 values to each of the corresponding Level 1 and Level 2 values that were not chosen
• C)a reconciliation of the changes in fair value during the period
• D)a related discussion

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