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What condition(s) is/are necessary in order for inventory to be measured at net realizable value? a. Sale must be assured, or there is an active
What condition(s) is/are necessary in order for inventory to be measured at net realizable value?
a. Sale must be assured, or there is an active market in which there is minimal risk of failure to sell
b. Disposal costs can be estimated.
c. It is in accordance with well-established industry practice.
d. All of these choices are necessary.
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