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IAS 2 - Inventories
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IAS 2 - Inventories
Inventories must be valued at the lower net realisable value
IAS 2 contains the requirements on how to account for types of inventories such as:
- Raw materials
- Work in progress
- Finished goods, made by the business for resale
- Finished goods, purchased by the business for resale
- Finished goods, made by the business for resale
- Work in progress
- Raw materials
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- Mind Map on IAS 2 - Inventories, created by Naomi Bloomfield on 17/05/2018.
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- Naomi Bloomfield
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