ayukoo51 ayukoo51

19-01-2024
Business

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The fair value of an asset at initial recognition is--

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FierceandLittle FierceandLittle

19-01-2024

Answer:

Transaction Price

Explanation:

The fair value of an asset at initial recognition is 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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