The FAI value principle is applied for what?
Understand the Problem
The question is asking about the application of the FAI value principle, which likely pertains to concepts in finance, economics, or project management. Understanding the context in which this principle is used will clarify its applications.
Answer
Investment securities.
The fair value principle is applied for investment securities.
Answer for screen readers
The fair value principle is applied for investment securities.
More Information
Fair value principle often applies to investment securities as they typically need to be shown at their current market or exit value to provide transparent financial statements.
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