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QUESTION 5 Which of the following statements about the fair value measurement approach is false? Organisation's must attempt to find alternative uses for their assets
QUESTION 5 Which of the following statements about the fair value measurement approach is false? Organisation's must attempt to find alternative uses for their assets so that the highest and best use can be determined. A restricted use asset is likely to have a lower fair value than a similar non-restricted asset. The highest and best us of an asset is determined from the perspective of market participants. All of the above are true
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