Which One of the Following Statements About Inventory Prices for Foreign

question 5

Multiple Choice

Which one of the following statements about inventory prices for foreign customers is not correct -

• A)foreign prices may be entered in the inventory ledger
• B)inventory prices in the ledger may be stated only in the home currency
• C)prices may be based on the exchange rate at the time of the sale
• D)prices may be based on the exchange rate in the customer's ledger