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Which board(s) has (have) worked to implement fair value measurement for financial instruments? A. FASB, but...

Which board(s) has (have) worked to implement fair value measurement for financial instruments? A. FASB, but not IASB. B. IASB, but not FASB. C. both FASB and IASB. D. neither FASB nor IASB

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Answer #1

FASB and IASB both boards worked to implement fair value measurement of financial instruments.Both are joined together and issued Common Fair Value Measurement and Disclosure Requirements.

So Option C is Correct Answer.

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