GAAP disclosures for fair value measurements now require that fair value measurements using Level 3 inputs include all of the following except

A) the valuation technique used to measure the fair value
B) a reconciliation of the Level 3 values to each of the corresponding Level 1 and Level 2 values that were not chosen
C) a reconciliation of the changes in fair value during the period
D) a related discussion

Level 3 Inputs

Valuation inputs for assets or liabilities that are not based on observable market data, often involving significant management judgment or estimation.

GAAP Disclosures

Required information in financial statements that clarifies and provides context to the reported figures, following Generally Accepted Accounting Principles.

Fair Value Measurements

An accounting practice that assesses the price to sell an asset or settle a liability, based on current market conditions rather than historical cost.