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IAS 2 Inventories Requires That When Inventories Are Written Down

Question 6

Multiple Choice

IAS 2 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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