Financial Accounting MCQs

Valuation of stock in accounting follows the principle of cost price or which ever is lower

April 23, 2022

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Valuation of stock in accounting follows the principle of cost price or which ever is lower

Q. Valuation of stock in accounting follows the principle of cost price or which ever is lower.

A. Net realizable Value

B. Market Price

C. Average Price

D. None of these

Answer: Net realizable Value

Valuation of stock in accounting follows the principle of cost price or which ever is lower

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