In Which Circumstance Will It Be Necessary to Determine the Fair

question 6

Multiple Choice

In which circumstance will it be necessary to determine the fair value of an entity's own equity instruments?

• A)where the entity is preparing for listing
• B)where the entity undertakes a business combination and issues its own equity instruments in exchange for a business
• C)where the entity undertakes a share buy-back
• D)where there is a change in the shareholding of the entity.