CERTYNEX IFRS ACADEMY

An entity applies several valuation techniques to the same instrument and obtains different results. Which statements are consistent with the standard?

It takes the highest result and uses the others only as a check.

Several techniques may be used to measure the same item.

It takes the simple average of the results, without assessing their respective quality.

It assesses the reasonableness of the range of values obtained and uses the most representative point.

Only one technique is permitted when observable data exist.