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  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 9: Inventories
  5. Question
    According to IAS 2,what Should the Cost of Inventories Comprise
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According to IAS 2,what Should the Cost of Inventories Comprise

Question 3

Question 3

Multiple Choice

According to IAS 2,what should the cost of inventories comprise?


A) Costs of purchase
B) Costs of conversion
C) Costs incurred in bringing the inventories to their present condition and location
D) All of the previous costs

Correct Answer:

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