The FASB and the IASB Refer to the Approach That

question 57

Multiple Choice

The FASB and the IASB refer to the approach that uses the current market interest rate instead of the historical market interest rate to discount the remaining cash flows from financial instruments as the

• A)future value option.
• B)current value option.
• C)liquidation value option.
• D)fair value option.
• E)accurate value option.