ExamVeda
Login
Home
This question belongs to Commerce Accounting
Accounting
?

NRV or net realizable value of inventory is the expected selling price or market value less

Answer & Solution
Correct Answer: Option B
NRV or net realizable value of inventory is the expected selling price or market value less Expenses necessary to complete sale. Net realizable value is generally equal to the selling price of the inventory goods less the selling costs (completion and disposal).
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.