What Is the Formula Used to Calculate the Item Inventory

question 33

Multiple Choice

What is the formula used to calculate the item inventory value of products held in storage?

• A) Par value ÷ Item Value = Item Inventory Value
• B) Par value × Item Value = Item Inventory Value
• C) Item Amount ÷ Item Value = Item Inventory Value
• D) Item Amount × Item Value = Item Inventory Value

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Definitions:

Standardized Language

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