The net realisable value of an item of stock is its actual or estimated selling price . . .
Select ONE answer:
- plus all further costs to completion and all costs to be incurred in marketing, selling and distributing the item.
- less all further costs to completion.
- less all further costs to completion and all costs to be incurred in marketing, selling and distributing the item.
- None of the above.
Show your workings to arrive at your answer, and explain and justify your reasons:
……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………
This multiple-choice question is suitable for Accounting KS5 classes.
The answer is 3
- Not correct
- Not correct
- Correct
- Not correct
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