While fair values are based on market prices, the standard also states that fair values...
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Accounting
While fair values are based on market prices, the standard also states that fair values are based on the specific item being valued. What does this mean when considering the valuation of a share in a company? What about a large piece of mining equipment?
While fair values are based on market prices, the standard also states that fair values are based on the specific item being valued. What does this mean when considering the valuation of a share in a company? What about a large piece of mining equipment?
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