For those using Yaeger – Module 11 Fixed Assets – what measurement levels?

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  • October 20, 2011 at 10:32 pm #162296
    Anonymous
    Inactive

    If anyone can help me with pointing me towards the right direction I would appreciate it. In Module 11 Fixed Assets Pt.3 Cindy keeps talking about the 3 different levels in various problems. She refers to these levels in specific with problem 48. Does anybody know what measurement levels are these and where I can find them?

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  • October 20, 2011 at 10:34 pm #304043
    Anonymous
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    Is she talking about fair value measurement? Level 1, Level 2, Level 3 based on what the observable inputs are? Check out FAS 157

    October 21, 2011 at 12:41 am #304044
    Anonymous
    Inactive

    @ CalCPASoon

    Thank you man, that's exactly what I was looking for

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