What is a fair value measurement under Ind AS 113?
- A The price to sell an asset or transfer a liability in an orderly transaction between market participants
- B Historical cost less depreciation
- C The insured value
- D The price paid at acquisition
Answer
The price to sell an asset or transfer a liability in an orderly transaction between market participants
The hierarchy prioritises quoted prices in active markets, then observable inputs, then unobservable inputs.





