An exception lets an entity measure a portfolio of financial instruments on the basis of its
AGross exposure
BNet risk exposure
CFace value of group
DCost of the group
Answer & Solution
Correct answer: B. Net risk exposure
Where a group is managed on net exposure to a risk, fair value may reflect the price to sell a net long or transfer a net short position.
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.
Related questions
An upward PPE revaluation under IAS 16 builds up in equity asUnder IAS 40, changes in fair value of investment property under the fair value model go tDoes IFRS 13 say when fair value should be used?IFRS 13 Fair Value Measurement became effective for periods beginning onFor recurring Level 3 items, a narrative must coverAn asset held for sale at fair value less costs to sell under Ind AS 105 is an example of Fair value measurements that other Ind ASs require in the balance sheet each period are caUnobservable inputs in Level 3 must reflect assumptions that market participants would use