Question
Riverbed Corporation has the following four iitems in its ending inventor Item Cost NRV Jokers 2880 3024 Penguins 7200 7128 Riddlers 6336 6660 Scarecrows 4608
Riverbed Corporation has the following four iitems in its ending inventor
| Item | Cost | NRV |
|---|---|---|
| Jokers | 2880 | 3024 |
| Penguins | 7200 | 7128 |
| Riddlers | 6336 | 6660 |
| Scarecrows | 4608 | 5515 |
A) Determine the LCNRV for each item
B)Determine the amount of write-down, if any, using an item-by-item LCNRV evaluaiton
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How To Build A Cyber Resilient Organization Internal Audit And IT Audit
Authors: Dan Shoemaker, Anne Kohnke, Ken Sigler
1st Edition
1138558192, 978-1138558199
