Which of the following is not a valuation technique prescribed by IFRS 13?
A) the fair value approach;
B) the income approach;
C) the cost approach;
D) the market approach.

Question

Quizplus · Accepted Answer

IFRS 13 prescribes three valuation techniques: the income approach, the cost approach, and the market approach. The "fair value approach" is not a separate valuation technique under IFRS 13; rather, fair value is the objective that these techniques aim to measure.

Which of the Following Is Not a Valuation Technique Prescribed