CERTYNEX IFRS ACADEMY

Tarvel holds 500,000 shares of a company listed in an active market, whereas the average daily trading volume is 40,000 shares. A controller examines four proposed treatments. Which one is wrong?

Applying to the quoted price a discount to reflect the time needed to sell the 500,000 shares.

Not applying a blockage discount, even if the market could not absorb the quantity in one session.

Measuring the position at the quoted price multiplied by the quantity held.

Classifying the measurement in Level 1 as long as the quoted price is not adjusted.