When Calculating Cost of Inventory IAS 2 Requires Which of the Following

question 40

Multiple Choice

When calculating cost of inventory IAS 2 requires which of the following costs are to be excluded?

• A)abnormal amounts of wasted materials
• B)selling costs
• C)administrative overheads
• D)All of the given answers should be excluded.

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Definitions:

Sentence Length

Sentence length refers to the number of words in a sentence, affecting its readability and the pace of the text.

You-Attitude

An approach in communication focusing on the needs, interests, and perceptions of the audience, often leading to a more positive interaction.

Positive Emphasis

Focusing on strengths or optimistic aspects in communication or presentation.

Goodwill

An intangible asset reflecting the value of a business's reputation, brand, and continuing customer relationships.