The Price That Would Be Received to Sell an Asset

question 4

Multiple Choice

The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at measurement date is defined in AASB 3/IFRS 3 Business Combinations as the:

• A) market value.
• B) fair value.
• C) present value.
• D) current replacement cost.

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Definitions:

Social Media

Online platforms that enable users to create and share content or participate in social networking.

Market Segmentation

Splitting up a large market, encompassing both potential and existing customers from the consumer or business sector, into smaller segments based on similar characteristics.

Active Users

Individuals who have engaged with a software application, website, or online platform within a specific period, indicating a level of engagement or interest.

Targeting Strategy

The method a business uses to identify and serve potential consumer segments with tailored products or marketing.