每日一练F3 答案回复可见
<p>Which of the following statements about the treatment of inventory and work in progress in financial statements<br/>are correct?<br/>1 Inventory should be valued at the lowest of cost, net realisable value and replacement cost.<br/>2 In valuing work in progress, materials costs, labour costs and variable and fixed production overheads must be<br/>included.<br/>3 Inventory items can be valued using either first in, first out (FIFO) or weighted average cost.<br/>4 A company’s financial statements must disclose the accounting policies used in measuring inventories.<br/>A All four statements are correct.<br/>B 1, 2 and 3 only<br/>C 2, 3 and 4 only<br/>D 1 and 4 only</p><p>C</p>页:
[1]