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      Question

      Under IFRS 13, which level of the fair value hierarchy

      uses observable inputs other than quoted prices?
      A Level 1 Correct Answer Incorrect Answer
      B Level 2 Correct Answer Incorrect Answer
      C Level 3 Correct Answer Incorrect Answer
      D Level 4 Correct Answer Incorrect Answer
      E Level 0 Correct Answer Incorrect Answer

      Solution

      • Level 2: Inputs other than quoted prices in active markets (Level 1) but observable, like interest rates or yield curves.

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