Multiple Choice Questions on The value of inventories or stock is figured out at the lower of cost and ........ for General Knowledge ( All Exams) Preparation

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Multiple Choice Questions

The value of inventories or stock is figured out at the lower of cost and ........

Quantitative Aptitude (Pb Patwari) Accountancy
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    The value of inventories or stock is figured out at the lower of cost and 

    Purchase price

    Incorrect Answer

    Opportunity cost

    Incorrect Answer

    Realizable value

    Incorrect Answer

    Net realizable value 

    Correct Answer
    Explanation:

    The value of inventories or stock is figured out at the lower of cost and Net realizable value

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