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    Financial Accounting Study Set 25
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    Exam 6: Inventories
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    Inventory Written Down Under Lower-Of-Cost-Or Net Realizable Value May Be
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Inventory Written Down Under Lower-Of-Cost-Or Net Realizable Value May Be

Question 149

Question 149

Short Answer

Inventory written down under lower-of-cost-or net realizable value may be written back up to original cost in a subsequent period under Inventory written down under lower-of-cost-or net realizable value may be written back up to original cost in a subsequent period under   IFRS: IFRS:

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