Match the input level with its definition (Level 1, Level 2, or Level 3).
-level 3
A)Unadjusted quoted prices in active markets for identical assets or liabilities
B) Inputs other than quoted prices that are either directly or indirectly observable for the assets or liabilities
C)Unobservable inputs for the asset or liability

Question

Quizplus · Accepted Answer

Level 3 inputs are unobservable inputs for the asset or liability, which means they are not based on observable market data.

Match the Input Level with Its Definition (Level 1, Level