Solved

Inventory Not Sold in One Period, Should Be Carried Forward

Question 10

Multiple Choice

Inventory not sold in one period, should be carried forward to the next period and released to the income statement in the next period if the goods are sold.


A) accruals concept.
B) matching concept.
C) realisation concept
D) dual aspect concept.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions