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1. inventories
2. fixed assets
3. intangible assets
4. real estate
IAS 2 Inventories contains the requirements on how to account for most types of inventory. The standard requires inventories to be measured at the lower of cost and net realisable value (NRV) and outlines acceptable methods of determining cost, including specific identification (in some cases), first-in first-out (FIFO) and weighted average cost.
Option 1 is the right answer.
the right answers is inventories
Answer 1===========================
Option Number One is valid. IAS 2 deal with Inventories
IAS 2 deal with inventories
