What Is the Reason That Accountants Do NOT Like to Carry

question 103

Multiple Choice

What is the reason that accountants do NOT like to carry inventory at net realizable value?

• A)NRV is the most difficult costing method
• B)NRV recognizes income after the sale is complete
• C)NRV recognizes income before sales are made
• D)NRV is acceptable to the taxing authorities

---

Definitions:

Compromise

Compromise is a conflict resolution strategy involving mutual concessions where all parties involved adjust their demands to reach an agreeable solution.

Brainstorming

A group creativity technique designed to generate a large number of ideas for the solution of a problem, allowing for rapid and free-flowing contributions.

Treatment Groups

Organized assemblies of individuals who receive therapy or intervention collectively, often addressing similar issues or objectives.

Objectives

Specific, measurable, achievable, relevant, and time-bound (SMART) goals set to guide individuals, projects, or organizations towards achieving desired outcomes.