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Discuss advantages of using fair value to measure elements

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Discuss the advantages and disadvantages of using fair value to measure the elements reported on the balance sheet. Include specific examples, and connect your response to the conceptual framework.

The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Discuss advantages of using fair value to measure elements

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