Hierarchy – NBC Institute

CR – May 2017 – L3 – Q6 – Fair Value Measurement (IFRS 13)

Identify the fair value hierarchies under IFRS 13 and distinguish between principal and most advantageous markets.

Question

The International Accounting Standards Board (IASB) aims at enhancing the guidance available for assessing fair value in order to increase consistency and comparability in fair value measurements and related disclosures. To this end, fair value measurements are categorized into a three-level hierarchy, based on the type of inputs to the valuation techniques used in IFRS 13. IFRS uses the terms principal or most advantageous market.

Required:

(i) What are the fair value hierarchies under IFRS 13? (3 Marks)

(ii) Distinguish between the principal and most advantageous market and state how price is determined in the principal market taking into consideration transport and transaction costs. (5 Marks)

Answer

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Tags: Fair Value, Hierarchy, IFRS 13, Market, Price determination
Level: Level 3

Topic: Fair Value Measurement (IFRS 13)

MI – Nov 2021 – L1 – SA – Q17 – Information Systems

Identify the correct order of common data elements from smallest to largest.

Question

Which of the following arranges the common data elements in order, from smallest to largest?

A. Character, File, Record, Field, Database, File
B. Character, Record, Field, Database, File
C. Character, Field, Record, File, Database
D. Bit, Byte, Character, Record, Field, File, Database
E. Database, Field, File, Record, Character

Answer

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Tags: Data Elements, Database, Hierarchy
Level: Level 1

Topic: Information Systems
Series: NOV 2021

BCL – Nov 2018 – L1 – Q1a – Hierarchical Structure of Courts

List the superior order of hierarchy in the Ghana court structure.

Question

List the court structure in Ghana in the superior order of hierarchy. (3 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Courts, Ghana, Hierarchy, Law Structure, Superior Courts
Level: Level 1

Topic: Hierarchical Structure of Courts
Series: NOV 2018

CR – May 2017 – L3 – Q6 – Fair Value Measurement (IFRS 13)

Identify the fair value hierarchies under IFRS 13 and distinguish between principal and most advantageous markets.

Question

Required:

(i) What are the fair value hierarchies under IFRS 13? (3 Marks)

(ii) Distinguish between the principal and most advantageous market and state how price is determined in the principal market taking into consideration transport and transaction costs. (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Fair Value, Hierarchy, IFRS 13, Market, Price determination
Level: Level 3

Topic: Fair Value Measurement (IFRS 13)

MI – Nov 2021 – L1 – SA – Q17 – Information Systems

Identify the correct order of common data elements from smallest to largest.

Question

Which of the following arranges the common data elements in order, from smallest to largest?

Answer

Find Related Questions by Tags, levels, etc.

Tags: Data Elements, Database, Hierarchy
Level: Level 1

Topic: Information Systems
Series: NOV 2021

BCL – Nov 2018 – L1 – Q1a – Hierarchical Structure of Courts

List the superior order of hierarchy in the Ghana court structure.

Question

List the court structure in Ghana in the superior order of hierarchy. (3 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Courts, Ghana, Hierarchy, Law Structure, Superior Courts
Level: Level 1

Topic: Hierarchical Structure of Courts
Series: NOV 2018

Question Tag: Hierarchy

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CR – May 2017 – L3 – Q6 – Fair Value Measurement (IFRS 13)

Identify the fair value hierarchies under IFRS 13 and distinguish between principal and most advantageous markets.

MI – Nov 2021 – L1 – SA – Q17 – Information Systems

Identify the correct order of common data elements from smallest to largest.

BCL – Nov 2018 – L1 – Q1a – Hierarchical Structure of Courts

List the superior order of hierarchy in the Ghana court structure.

CR – May 2017 – L3 – Q6 – Fair Value Measurement (IFRS 13)

Identify the fair value hierarchies under IFRS 13 and distinguish between principal and most advantageous markets.

MI – Nov 2021 – L1 – SA – Q17 – Information Systems

Identify the correct order of common data elements from smallest to largest.

BCL – Nov 2018 – L1 – Q1a – Hierarchical Structure of Courts

List the superior order of hierarchy in the Ghana court structure.

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