What Issues Arise on the Initial Recognition and Measurement of Inventory

Multiple Choice

What issues arise on the initial recognition and measurement of inventory?

A) Determining which expenditures to capitalize into the "inventory" account.
B) Determining which expenditures to expense into the "cost of goods sold" account.
C) Determining how much of the costs recognized in inventory should be expensed in the year.
D) Determining the appropriate valuation of inventories that remain on hand.