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Q8 8- There are different basis approaches to valuing inventory that are allowed by GAAP, explain the principal's methods of valuation required by IAS2 inventories,

8- There are different basis approaches to valuing inventory that are allowed by GAAP, explain the principal's methods of valuation required by IAS2 inventories, provide some evidence from annual report of Philips. [Marks (Words): 10(100)]

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