Level 5 of the Fair Value Hierarchy Estimates

question 12

Multiple Choice

Level 5 of the fair value hierarchy estimates:

• A) Market values based on quoted prices for a similar asset, with adjustments made for differences between the subject asset and the similar asset.
• B) Market values based on mathematical models that use directly-related market variables as indicators of market value.
• C) Market values based on mathematical models that use indirectly-related market variables as indicators of market value.
• D) Market values based on mathematical models that use internal business inputs as indicators of market value.

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Definitions:

Anxious Temperament

A predisposition to respond to potential threats with increased anxiety, reflecting a stable trait rather than a momentary state.

Behavioural Inhibition

A temperament in early childhood that may be related to anxiety disorders later in life, characterized by profound avoidance of others in preschool, and atypical autonomic nervous system responses to novelty.

Anxiety Disorder

A mental health condition characterized by excessive fear or worry that interferes with daily activities.

Homotypic Continuity

An underlying (developmental) process or impairment may change, but the way it is manifested stays the same (e.g., the prediction of a disorder by the same disorder).