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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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