Question

Whether recognized or unrecognized in an entity's financial statements, disclosure of the fair values of the entity's financial instruments is required when" group of answer choices

Answer 1

Explanation:

Certain entities must disclose the fair value of financial instruments, whether or not they are recognized in the balance sheet, if it is feasible to estimate such fair values and aggregated fair values are material to the entity. If estimating fair value is not feasible, disclosures include information pertinent to estimating the fair value of the financial instrument or class of financial