Which of the Following Is a Measurement Attribute Used in U.S.GAAP

Multiple Choice

Which of the following is a measurement attribute used in U.S.GAAP to measure inventories whose usefulness (typically, in terms of salability) to the firm has declined below the cost of the inventories?

A) Current Replacement Cost
B) Net Realizable Value
C) Fair Value
D) Present Value of Future Net Cash Flows
E) Acquisition cost