Examlex
ATP is best described as
FASB
The Financial Accounting Standards Board, an organization responsible for establishing financial accounting and reporting standards in the U.S.
Fair Value Measurement
An accounting standard for measuring the value of assets and liabilities based on the current market price.
GAAP Hierarchy
A framework within Generally Accepted Accounting Principles that ranks the authority of financial reporting guidelines and standards in the United States.
Level 3
Refers to a category of financial assets and liabilities valued based on inputs that are not readily observable in the market.
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