Which of the Following Is Not an Audit Challenge Relevant

question 72

Multiple Choice

Which of the following is not an audit challenge relevant to fair value estimation of Level 1,2,and 3 assets?

• A)Determining identical assets and active markets.
• B)Assessing client methodology and cash flows to originally estimate value.
• C)Determining appropriate model and inputs expected cash flows.
• D)Determining similar assets and relevant markets.