Valuation · The method · Element
The approach
Which valuation method was used.
The part
What it is
Income-based, market-based or cost-based, each answering a slightly different question and each appropriate in different circumstances.
The purpose determines the method. A valuation for a transaction and one for internal management are not interchangeable.
The smallest level
The attributes it carries
Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.