1. 1. FASB ASC 360-10-05. What is the historical source for authoritative information regarding fair value? Provide proper citation.

   2. FASB ASC 360-10-35-36.

Also refer to the topic of fair value measurements. On the Codification home page, using the Browse menu on the left, move your pointer over the Broad Transactions topic and choose Fair Value Measurements and then Overall and then Subsequent Measurement. (Hint: This is a different ASC, not 360.) i. Go to Valuation Techniques and briefly summarize the definitions and key aspects of the various approaches listed. Provide proper citations. ii. Go to Fair Value Hierarchy and briefly summarize the levels of inputs and how these would be used to evaluate potential impairments of property, plant, and equipment.