Question
Disadvantages of using Net Realisable Value: The NRV method may cause excessive net income that is unrealistic The NRV method does not indicate the revenues,
Disadvantages of using Net Realisable Value:
The NRV method may cause excessive net income that is unrealistic
The NRV method does not indicate the revenues, expenses, or profits from the by-product and thus does not provide sufficient information for managerial decision making
can you further explain these disadvantages?
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
8th edition
ISBN: 978-1-119-3904, 1119392422, 111939242X, 1119390451, 978-1119392422
