D is corrent. ASC Topic 825 defines fair value as the "current amount at which a financial instrument could be exchanged in a transition between willing parties."
A is incorrect. ASC Topic 825 defines fair value as the "current amount at which a financial instrument could be exchanged in a transition between willing parties."
A is incorrect. ASC Topic 825 defines fair value as the "current amount at which a financial instrument could be exchanged in a transition between willing parties."
A is incorrect. ASC Topic 825 defines fair value as the "current amount at which a financial instrument could be exchanged in a transition between willing parties."
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