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Which of the following is NOT an acceptable method of determining fair value of long-term liabilities? observable market price for the exact item on the
Which of the following is NOT an acceptable method of determining fair value of long-term liabilities?
| observable market price for the exact item on the market place |
| price last sold on an inactive market |
| use of an official appraiser to set value |
| price of purchase by any located vendor as of year-end of the previous year |
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