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What is fair market value accounting

Assignment Help Financial Accounting
Reference no: EM132471396

Question 1- Describe the followings in your own words:

Question A What is Fair Value Accounting?

Question B What Is Fair Market Value Accounting? How the FASB is going to standardize the calculation of financial instruments by looking at their historical cost?

Question 2- What do you mean by loan loss provision? Why Does a Loan Loss Provision Matter? And how does a loan loss provision work?

Question 3- How to differentiate liquid risk and Credit Risk with reference to the financial economics sector and how the interest rate risk make an impact on the economy?

Reference no: EM132471396

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