If “Raw Materials are valued at cost” will always more beneficial to the organization True or False?

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In accumulating raw materials costs, companies debit the cost of raw materials ...
Posted by:
Moataz Ali Sobhi
10-December-2015

Accounting Accounts Payable Financial Accounting Financial Analysis

Question added by SRINIVAS RAO KANAMARLAPUDI , Senior AGM , SEAWAYS SHIPPING AND LOGISTICS LIMITED
Date Posted: 2014/04/14

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2 Answers

Muhammad Zubair

by Muhammad Zubair , CFO / Chief Accountant , RH Group

It depends on the condition of raw material, current market price, NRV etc

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by Anwar ul haque , finance manager , Silver shore trading llc

not a question that can be answered in just true or false

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