The advantage of using fair value for investments held for trading is that it allows users to better predict future cash flows.

Name: The advantage of using fair value for investments held for trading is that it allows users to better predict future cash flows.
Brand: Quizplus
Rating: 4.8 (56 reviews)

Question

Quizplus · Accepted Answer

Fair value reflects current market conditions, providing a more accurate and timely measure of an investment's value, which can help users predict future cash flows based on current market trends.

The Advantage of Using Fair Value for Investments Held for Trading