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Which of the following would represent the best evidence for testing the net realizable value of inventory? Investigate sales prices on the sale of inventory
Which of the following would represent the best evidence for testing the net realizable value of inventory?
Investigate sales prices on the sale of inventory made after yearend.
Vouch inventory prices to vendor invoices at an interim date.
Vouch inventory prices to the perpetual inventory.
Investigate all prices that have decreased by more than during the year.
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