Are the Identified Measurement Bases Consistent with Fair Value Reporting

question 45

Multiple Choice

Are the identified measurement bases consistent with fair value reporting?

• A) \[\begin{array} { | c | c | }
• \hline \text { Current market value } & \text { Net realizable value } \\
• \hline \text { Yes } & \text { No } \\
• \hline
• \end{array}\]
• B) \[\begin{array} { | c | c | }
• \hline \text { Current market value } & \text { Net realizable value } \\
• \hline \text { No } & \text { No } \\
• \hline
• \end{array}\]
• C) \[\begin{array} { | c | c | }
• \hline \text { Current market value } & \text { Net realizable value } \\
• \hline \text { Yes } & \text { Yes } \\
• \hline
• \end{array}\]
• D) \[\begin{array} { | c | c | }
• \hline \text { Current market value } & \text { Net realizable value } \\
• \hline \text { No } & \text { Yes } \\
• \hline
• \end{array}\]

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