Following are the objectives of: (1) To determine Fair Value. (2) To set out a single Ind AS framework for measuring fair value. (3) To require disclosures with respect to fair value measurements.

CS Executive · Corporate and Management Accounting · PYQS · December 2021
Following are the objectives of: (1) To determine Fair Value. (2) To set out a single Ind AS framework for measuring fair value. (3) To require disclosures with respect to fair value measurements.
(A) Financial instrument presentation
(B) Market based approach
(C) Principal market measurement
(D) Fair value measurement

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Corporate Accounting

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