Multiple Choice
When determining the net realisable value of inventory, estimates must be made of the following:
I Estimated costs of completion (if any)
II Expected replacement cost
III Expected selling price
IV Estimated selling costs
A) I, II, III and IV;
B) I, II and III only;
C) II and IV only;
D) I, III and IV only.
Correct Answer:

Verified
Correct Answer:
Verified
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