Inventory is valued at lower of the cost or net realisable value on account of the accounting
Question:
Inventory is valued at lower of the cost or net realisable value on account of the accounting principle of:
(a) Consistency.
(b) Conservatism.
(c) Realisation.
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Zero To Mastery In Accounting Become A High Level Accounting Manager
ISBN: 9789392475177
1st Edition
Authors: HECTOR ROBINETT
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