Which of the following is an example of an orderly transaction for the purposes of determining fair value? O a. The prices of goods sold to related parties such as directors. b. The prices of goods sold in a liquidation or fire sale. The prices of goods sold at sale prices. ed. The price of goods sold under normal trading conditions. Events occurring after the end of the reporting period which provide evidence of conditions that existed at the end of the reporting period are known as: O a reporting events. Ob disclosing events. O.c. non-adjusting events. Od adjusting events. Correcting the recognition, measurement and disclosure of amounts of financial statement elements as if a prior period error had never occurred is known as: a. O a historical restatement Ob retrospective application O.c. prior period application. O d. retrospective restatement. Appendix A of AASB 13 Fair Value Measurement defines fair value as: O a. The amount for which an asset could be exchanged, or a liability settled between knowledgeable. willing parties in an arm's length transaction Ob. A transaction that assumes exposure to the market for a period before the measurement date to allow for marketing activities that are usual and customary for transactions involving such assets or liabilities. It is not a forced transaction (e.g. a forced liquidation or distress sale). O c The price that would be paid to purchase an asset or transfera liability Od. The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date