CERTYNEX IFRS ACADEMY

An entity notes that a recent transaction in an instrument was concluded at a price well below that of the other transactions. How does it treat this information in its measurement?

It automatically uses that price, since it is the most recent transaction.

It automatically sets it aside, since it differs from the other observed prices.

It ignores it, because an isolated transaction can never be taken into account.

It assesses whether the transaction is orderly, then weights its price.