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SOFE Exam AFE Topic 2 Question 70 Discussion

Actual exam question for SOFE's Accredited Financial Examiner exam
Question #: 70
Topic #: 2
[All Accredited Financial Examiner Questions]

is the price in a hypothetical transaction at the measurement date in the market in which the reporting entity would transact for the asset or liability

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Suggested Answer: D

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Reita
1 days ago
I agree with Freida, it makes sense that it would be the exchange price.
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Freida
2 days ago
I think the answer is D) Exchange price.
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