Comment what is mean of this phrase

1. This IFRS applies when another IFRS requires or permits fair value measurements or disclosure about fair value measurements ( and measurements, such as fair value less costs to sell, based on fair value or disclosures about those measurements).
2. The effects on the measurements arising from a particular characteristic will differ depending on how that chracteristics would be taken into account by market participants.
3. An entity's own equity instrument would remain outstanding and the market participants transferred would take on the rights and responsibilities associated with the instrument. the instruments would not be cancelled of otherwise extinguished on the measurements date.

Answer this question below?

1. What's are decommissioning liabilities?
2. What is the highest and best use of non- financial assets?
3. What unobservable input are?
4. What are roles involving in financial reporting regulation?
5. Are conceptual Framework and Accounting Standing same? why?
6. What are Equity Instruments?
7. What causes markets risks?
8. What is a risk premium?
9. What is Non- Performance Risk?
10. What does fair value measurements mean?