Which of the Following Disclosures Are Required Under AASB 13

question 17

Multiple Choice

Which of the following disclosures are required under AASB 13:

• A) The valuation techniques used to measure fair value.
• B) The level of the fair value hierarchy within which the fair value measurements are categorised.
• C) Quantitative information about the significant unobservable inputs used in the fair value measurement.
• D) All of the options are correct.

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Definitions:

Solvency

A measure of a company's ability to meet its long-term financial obligations, indicating its financial health.

Current Liabilities

Financial obligations or debts of a business that are due within a year or within its operating cycle if longer.

Solvency

Refers to an entity's ability to meet its long-term financial liabilities.

Current Position Analysis

Evaluation of a company’s current financial health and performance, focusing on its liquidity, solvency, and profitability.