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  3. Study Set
    Applying International Financial Reporting Standards
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    Exam 9: Inventories
  5. Question
    Uno Ltd Uses a Periodic Inventory System and Rounds the Average
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Uno Ltd Uses a Periodic Inventory System and Rounds the Average

Question 22

Question 22

Multiple Choice

Uno Ltd uses a periodic inventory system and rounds the average unit cost to the nearest dollar. The following data relates to Uno Ltd for the year ended 30 June 2014:
Uno Ltd uses a periodic inventory system and rounds the average unit cost to the nearest dollar. The following data relates to Uno Ltd for the year ended 30 June 2014:   A)  $1528 B)  $1734 C)  $1425 D)  $1984


A) $1528
B) $1734
C) $1425
D) $1984

Correct Answer:

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