The following is taken from AASB13 Fair Value Measurement (AASB, 2021, p.7)

An example of a correctly referenced paraphrase from the above is:

a.

AASB13 states that a transaction to sell an asset takes place in a principal market (paragraph 16).

b.

According to AASB13 fair value measurement assumes that an asset is exchanged in an orderly transaction.

c.

According to AASB13, paragraph 16, if a company does not have a principal market in which they sell their asset, they must use the most advantageous market for that asset (AASB, 2021, p. 7)

d.

"A fair value measurement assumes that the asset or liability is exchanged in an orderly transaction" (AASB, 2021, p.7)