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Under LCNRV when a reversal is done it is limited to the amount of the write-down to ensure that inventory is always reported at the
Under LCNRV when a reversal is done it is limited to the amount of the write-down to ensure that inventory is always reported at the lower of cost and NRV. Select one: True False
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Financial Accounting
Authors: Jeffrey Waybright, Robert Kemp
1st Edition
013606048X, 9780136060482
