Fair value under AASB 13 Fair Value Measurement is defined as "the amount for which an asset could be exchanged,or a liability settled,between knowledgeable,willing parties in an arm's length transaction."

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The Answer of Fair value under AASB 13 Fair Value Measurement is defined as "the amount for which an asset could be exchanged,or a liability settled,between knowledgeable,willing parties in an arm's length transaction."

Fair Value Under AASB 13 Fair Value Measurement Is Defined