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AASB 102 Inventories Requires That When Inventories Are Written Down

Question 27

Multiple Choice

AASB 102 Inventories requires that when inventories are written down to net realisable value, they are written-down:


A) on a class-by-class basis;
B) on the basis of industry segment;
C) on an item-by-item basis;
D) according to geographical segment within the entity.

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