Start learning →

Fair value assumes the sale takes place in which market first?

AThe most advantageous market
BThe home-country market
CThe retail customer market
DThe principal market
Answer & Solution
Correct answer: D. The principal market
The principal market is the first choice, and the most advantageous market is used only when there is no principal market.
Practise this question with Quill — CA Final →

Keep practising Ind AS 113 Fair Value Measurement

Browse all Ind AS 113 Fair Value Measurement questions for CA Final, or explore more Financialreporting topics.

Start a Ind AS 113 Fair Value Measurement lesson →
Related questions