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All of the following are disadvatages of fair value use except: a)fair values might not be readily obtainable b)fair value may cause more flucuations as
All of the following are disadvatages of fair value useexcept:
a)fair values might not be readily obtainable
b)fair value may cause more flucuations as change occurs fromperiod to period
c)comparibility between companies may be impacted by differentfair value measurements
d)fair vaules can oly be use on balance sheets
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
