IAS 2 - INVENTORIES | Karteikarten

Frage	Antworten
IAS 2 - Inventories	Definition: Inventories include assets held . for sale in the ordinary course of Business Finished Goods Work in Progress Raw Materials
Valuation	FIFO (First in First Out) AVCO (Average Cost) NRV (Net Realisable Value)
What is NOT Included	Selling Costs Foreign Exchange Storage Interest Costs Abnormal Waste Admin Overhead
What IS Included	Cost of Purchase (including taxes, & handling) Cost of Conversion (fixed and Variable Manufacturing Overheads) Other Costs (bringing the inventories to their present location and condition)

IAS 2 - INVENTORIES

	Erstellt von lizbielby vor etwa 11 Jahre