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  2. Topic
    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 8: Accounting for Selected Assets
  5. Question
    The Net Realisable Value of Inventory Is
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The Net Realisable Value of Inventory Is

Question 22

Question 22

Multiple Choice

The net realisable value of inventory is:


A) the cost of goods sold.
B) the purchase cost of inventory.
C) the selling price less any costs of sale.
D) the selling price less cost of completion and any costs of sale.

Correct Answer:

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