Use of Professional Judgement to Establish the Net Market Values

question 36

Multiple Choice

Use of professional judgement to establish the net market values of assets is not permitted on which of the following matters?

• A) Market price of unquoted securities;
• B) Discount factor to use for long-term monetary assets;
• C) Market price of quoted securities;
• D) Costs of expected disposal;
• E) None of the given answers.