Start learning →

Level 3 inputs are

AQuoted prices for similar items
BObservable yield curves
CUnobservable inputs for the item
DPrices from inactive markets
Answer & Solution
Correct answer: C. Unobservable inputs for the item
Level 3 inputs are unobservable inputs and are used to the extent relevant observable inputs are unavailable.
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