A. cost
B. Market price
C. Cost or market price whichever is lower
D. Cost less depreciation
Related Mcqs:
- Stock should be valued at_________??
- Closing stock is generally valued at______________??
- Depreciation is calculated on the____________??
- Property, Plant and Equipment are conventionally presented in the Balance Sheet at _________??
- Prepaid expenses are valued on the Balance Sheet at?
- The price which covers the variable cost as well as the fixed price is
- The accounting process of gradually converting the unexpired cost of fixed assets into expenses over a series of accounting periods is_________??
- A competitive firm will maximise profits at the output where
- Which of the following assets is/are to be valued at the lower of cost and net realizable value??
- When the declining-balance method is used
