Which of the Following Disclosures Are Required Under AASB 13

question 29

Multiple Choice

Which of the following disclosures are required under AASB 13:

• A) The valuation techniques used to measure fair value.
• B) Non-recurring fair value measurements.
• C) Changes in the inputs used to measure fair value.
• D) All of the options are correct.

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Definitions:

Maturation

The developmental process where an individual matures or reaches full functionality, often referring to physical, mental, or emotional development.

Edification

The instruction or improvement of a person morally or intellectually.

Learning

The acquisition of knowledge or skills through experience, study, or being taught.

Minnesota Family Investment Program

A welfare reform program in Minnesota aimed at helping low-income families achieve self-sufficiency through work, education, and financial incentives.