At the inventory level the recoverability test consist in measuring the Cost; and Net Realizable Value (NRV) which corresponds to the estimated selling price in the ordinary course of business less the estimated costs necessary to make the sale. a. In order to O A. Compare both and to choose the lower of them as is done for all current assets. OB. Compare both and to choose the lower of them, the NRV being the normal value, the cost value is used only under this exceptionnal case. OC. Compare both and to choose the lower of them, the cost value being the normal value. b. The cost value represents: O A. The sum of all the direct costs and overheads impacted through systematic allocation and involved in the production of the asset. OB. The sum of all the direct costs involved in the production of the asset which will therefore be canceled from the income statement to be included through the stock value. OC. The sum of all the direct and overheads costs impacted through systematic allocation and involved in the production of the asset which will therefore be canceled from the income statement to be included through the stock value. OD. The cost of purchase and cost of conversion which are not linked to the direct costs of the company