external reporting

Navas 27 April 2020 at 16:16 PM

In accounting for inventories, generally accepted accounting principles require departure from the historical cost principle when the utility of inventory has fallen below cost. This rule is known as "lower of cost or market." Market as usually defined here means

A) Replacement cost of the inventory.
B) Original cost minus cost to dispose
C) Original cost plus normal profit margin
D) Original cost minus allowance for obsolescence.

Reply this

FACULTY 18 May 2020 at 06:39 PM

Replacement cost of the inventory.(option A)

Reply this

Daniel44 11 February 2026 at 12:53 PM

Hey, I was browsing late at night looking for a new casino to try and ended up reading a random forum thread where someone mentioned chicken road for players from the United Kingdom. I registered out of curiosity and jumped into Gates of Olympus, but the first rounds drained my balance fast. Instead of stopping, I raised the stake once and triggered a solid bonus that completely turned it around. That comeback rush hooked me, so now I return when I want real casino tension.

Reply this

Daniel44 23 February 2026 at 03:15 PM

Grüezi! Ich hatte eine Phase, in der ich bei Slots online nur verloren habe, was echt frustrierend war. In einer Facebook-Gruppe für die Region Jura las ich dann einen Beitrag über das roby casino und dachte mir, ein letzter Versuch schadet nicht. Zum Glück habe ich es getan, denn meine Glückssträhne dort hält bis heute an. Ich habe nicht nur meine alten Verluste wettgemacht, sondern stehe jetzt finanziell viel besser da als vorher. Das hat meinen Glauben an das Glück zurückgebracht.

Reply this