Accounting Multiple Choice Question – 10 February 2020

The net realisable value of an item of stock is its actual or estimated selling price . . .

Select ONE answer:

1. plus all further costs to completion and all costs to be incurred in marketing, selling and distributing the item.
2. less all further costs to completion.
3. less all further costs to completion and all costs to be incurred in marketing, selling and distributing the item.
4. 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

1. Not correct
2. Not correct
3. Correct
4. Not correct

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor View all posts by stuart001uk2014