If a company elects the fair value option for some liabilities, it must use the fair value option ...

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If a company elects the fair value option for some liabilities, it must use the fair value option ...

If a company elects the fair value option for some liabilities, it must use the fair value option for all liabilities.
[True or False]

Textbook

Intermediate Accounting

Edition: 1^st

Authors: Gordon, Raedy, Sannella

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