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15. The measurement rule for inventories, mandated by IAS 2 Inventories, is: (1 Point) lower of fair value and selling price; lower of cost and

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15. The measurement rule for inventories, mandated by IAS 2 Inventories, is: (1 Point) lower of fair value and selling price; lower of cost and net realisable value; higher of initial cost and realisable value; higher of completion costs and replacement costs

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