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    Question

    How can we find out the Net Realizable Value on account

    of Inventory as per the applicable Accounting Standard for valuation of Inventory?
    A Selling Price Correct Answer Incorrect Answer
    B Revaluation Amount Correct Answer Incorrect Answer
    C Impairment Amount Correct Answer Incorrect Answer
    D Expected Selling Price – Selling cost Correct Answer Incorrect Answer

    Solution

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