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Which of the following methods is NOT used for inventory valuation?

Practice Questions

1 question
Q1
Which of the following methods is NOT used for inventory valuation?
  1. FIFO
  2. LIFO
  3. Weighted Average Cost
  4. Net Realizable Value

Questions & Step-by-step Solutions

1 item
Q
Q: Which of the following methods is NOT used for inventory valuation?
Solution: Net Realizable Value is not a method of inventory valuation; it is a measure used to assess the value of inventory.
Steps: 0

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