a) Explain different methods (techniques) and levels of possible


a) Explain different methods (techniques) and levels of possible inputs in deriving fair values as per IFRS13. Which level of input is most difficult to observe and measure? (3.5 marks)

b) Is Fair Value measurement IFRS13/AASB13 appropriate for a wide range of entities including public sector? Explain. (1.5 marks)

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