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The stock is valued at ?

<p><strong>a) Cost price</strong><strong>b) Market price</strong><strong>c) Cost price or market price whichever is higher</strong><strong>d) Cost price or market price whichever is lower</strong></p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/11/14
Khaled Mohee Eldeen Abbas Mahmoud
by Khaled Mohee Eldeen Abbas Mahmoud , Chartered Accountant # 10465 , Self-employed

D

FITAH MOHAMED
by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

ANSWER D :  Cost price or market price whichever is lower

According to the precautionary principle

Deleted user
by Deleted user

Answer D is correct

Sara Khan
by Sara Khan , financial and admin assistant , Ministry Of Defence

D

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Cost Price or Market price which ever is lower

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The correct answer is D

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

The answer is d) Cost price or market price whichever is lower