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Traditionally what measurement technique has been most commonly used: Group of answer choices A. Sales value. B. Fair value. C. Modified historical cost. D. Replacement

Traditionally what measurement technique has been most commonly used:

Group of answer choices

A. Sales value.

B. Fair value.

C. Modified historical cost.

D. Replacement cost.

Which of the following would NOT indicate that market is inactive?

Group of answer choices

A. Little information is publicly available.

B. Indices are demonstrably uncorrelated with recent indications of fair valuation.

C. Price quotations don't reflect current information

D. The bid-ask spread is narrow.

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