What is meant by the term 'net realisable value'? Is this the same as fair value? If

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What is meant by the term 'net realisable value'? Is this the same as fair value? If not, why not?

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Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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Question Posted: Apr 30, 2016 01:00 PM

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What is meant by the term 'net realisable value'? Is this the same as fair value? If

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Net realisable value is the net amount that an enterprise expect...View the full answer

Applying International Financial Reporting Standards

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