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How tha valuation of Inventory should be done?

Answers were Sorted based on User's Feedback



How tha valuation of Inventory should be done?..

Answer / h.r. sreepada bhagi

Inventory should be valued at Cost or Market value whichever
is lower. This is based on the principle of conservatism.

It's also expressed as 'Lower of cost or realizable value'.

Is This Answer Correct ?    31 Yes 1 No

How tha valuation of Inventory should be done?..

Answer / umamaheshwara rao

inventory should be valued at the purchase of cost or present market value, which ever is lower.

Is This Answer Correct ?    1 Yes 1 No

How tha valuation of Inventory should be done?..

Answer / louay

lower cost of market

Is This Answer Correct ?    1 Yes 8 No

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