Which of the Following Disclosures Are Not Required Under AASB

question 4

Multiple Choice

Which of the following disclosures are not required under AASB 13?

• A) Quantitative information about all unobservable inputs used in the fair value measurement.
• B) The valuation techniques used to measure fair value.
• C) The fair value measurement for each class of asset and liability at the end of the reporting period.
• D) The input level of the fair value hierarchy within which the fair value measurements are categorised.

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Definitions:

Price

The amount of money required to purchase a good or service, determined by various factors including supply and demand.

Area

The extent or measurement of a surface or piece of land, often expressed in square units.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, reflecting the good's sensitivity to price changes.

Orange Juice

A liquid extract derived from oranges, commonly consumed as a beverage rich in vitamin C.