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    Exam 6: Inventories
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    Net Realizable Value Refers to
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Net Realizable Value Refers to

Question 229

Question 229

Multiple Choice

Net realizable value refers to


A) the net amount the company expects to realize from the sale.
B) the selling price.
C) the cost to replace the item.
D) the gross profit realized from the sale.

Correct Answer:

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