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The net realizable value of inventories is defined by IAS2 as:

a. Selling price b. Cost price c. Selling price less costs of completion d. Selling price less costs of completion and selling costs

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Question added by Deleted user
Date Posted: 2013/08/28
Muhammad Awais Ali
by Muhammad Awais Ali , Performance Manager , Gladstone Wiz Ltd

d. Selling price less costs of completion and selling costs

Mohammed  Mohammed
by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store

D is the correct answer .............