The following are valuation techniques prescribed by AASB 13 except for:
A) The cost approach.
B) The income approach.
C) The market approach.
D) The fair value approach.

Question

Quizplus · Accepted Answer

AASB 13 Fair Value Measurement prescribes the cost approach, the income approach, and the market approach as valuation techniques. The "fair value approach" is not a separate valuation technique under AASB 13; rather, it is the objective of using the prescribed techniques.

The Following Are Valuation Techniques Prescribed by AASB 13 Except