Regarding initial valuation and measurement

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Reference no: EM131264865

Which statement is correct regarding INITIAL valuation and measurement?

a) The Relative Fair Value approach is used to value bonds with detachable warrants if both Fair Values are available

b) Under both IFRS and USGAAP, there is no recognition of the conversion option when convertible bonds are issued.

c) A company that chooses to use the FV option must use it for all of its liabilities.

d) A company does not need to choose the FV option initially, but can choose it later.

Reference no: EM131264865

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