IAS 2 - INVENTORIES

Descrição

AAT Level 3 Financial Statement FlashCards sobre IAS 2 - INVENTORIES, criado por lizbielby em 01-10-2015.
lizbielby
FlashCards por lizbielby, atualizado more than 1 year ago
lizbielby
Criado por lizbielby aproximadamente 11 anos atrás
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Resumo de Recurso

Questão Responda
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)