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Which of the Following Is Not Recognised as an Expense

Question 8

Multiple Choice

Which of the following is not recognised as an expense in accordance with AASB 102?


A) Cost of goods sold
B) Write-downs of inventories to net realisable value
C) Reversal of write downs to net realisable value
D) Inventory items used by an entity as components in self-constructed property, plant or equipment.

Correct Answer:

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