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    Financial Accounting and Reporting
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    Exam 7: Inventory
  5. Question
    IAS 2 Requires That Fixed Manufacturing Costs Be Excluded from the Cost
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IAS 2 Requires That Fixed Manufacturing Costs Be Excluded from the Cost

Question 6

Question 6

True/False

IAS 2 requires that fixed manufacturing costs be excluded from the cost of inventories,as they cannot be allocated accurately.

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