QUESTION 5 2 points Save Answer Which of the following best reflects comments from the class decks related to international accounting standards associated with the Fair Value framework: A. AU 33 addresses international accounting standards Fair Value Measurement and includes such issues as Share base payments, Leasing transactions, Inventories "net realizable value" issues and Impairment of assets. B. IFRS 13 and ASC 820 are virtually identical with each providing the framework foundation for Fair Value Measurement including subjects such as the definition of fair value. C. ASC 815 addresses Fair Value Measurement under IFRS. It defines fair value, sets out in a single IFRS a framework for measuring fair value; and requires disclosures about fair value measurement. O D. AU 1 provides the international accounting standards associated with Fair Value Measurement. It defines fair value as the price that would be paid to acquire an asset between a willing buyer, willing seller acting under no duress and with reasonable knowledge of relevant facts