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One of the concerns associated with fair value measurement is that management bias may affect the reliability of the information. IFRS 13 requires that fair

One of the concerns associated with fair value measurement is that management bias may affect the reliability of the information. IFRS 13 requires that fair values be based on market-based assumption rather than entity-based assumptions in order to overcome this issue.Compare the potential for management bias when making market-based or entity-based specific assumption.

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