Which of the following should not be included in the inventory of a company using IFRS? (a)

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Which of the following should not be included in the inventory of a company using IFRS?

(a) Goods held on consignment from another company.

(b) Goods shipped on consignment to another company.

(c) Goods in transit from another company shipped FOB shipping point.

(d) None of the above.

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Financial Accounting

ISBN: 9781119298229,9781119305842

10th Edition

Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel

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