Under AASB 102 Inventories, Items of Inventories That Are Used

Multiple Choice

Under AASB 102 Inventories, items of inventories that are used by business enterprise as components in a self-constructed property asset are required to be:

A) aggregated into the 'cost of goods sold' expense in the period in which the items are used.
B) expensed directly into equity in the period in which the items are used.
C) capitalised and depreciated.
D) added to a 'property construction' provision account.