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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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