Lecture note – Chapter 17 (IFRS 13)

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October 18, 2017 at 3:25 pm #412299
Saimon
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Sir

1) What did you mean identical asset or liability ?
2) Can you give me an example of market that are not active ?
October 18, 2017 at 9:30 pm #412384
P2-D2
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Identical means that they have exactly the same characteristics, so tow shares in a company are identical.

Markets that aren’t active are where there aren’t many regular transactions.

Thanks
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