The fair value hierarchy represents of a continuum, defined along the lines of relative certainty, of possibilities that may be used to estimate market value from historical data.

Name: The fair value hierarchy represents of a continuum, defined along the lines of relative certainty, of possibilities that may be used to estimate market value from historical data.
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Question

Quizplus · Accepted Answer

The fair value hierarchy does represent a continuum based on relative certainty of market value estimates from historical data.

The Fair Value Hierarchy Represents of a Continuum, Defined Along