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In auditing an asset which must be valued at fair value, which of the following, if available, is considered most reliable? Multiple Choice Inputs of
In auditing an asset which must be valued at fair value, which of the following, if available, is considered most reliable? Multiple Choice Inputs of observable quoted prices in active markets for identical assets or liabilities. Inputs of other observable quoted prices, generally for similar assets or liabilities in active markets. Inputs that are unobservable for the assets or liabilities. Inputs ranked as generally acceptable auditing principles
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