Unrealized Holding Gain Denotes the Difference Between the

question 107

Multiple Choice

Unrealized holding gain denotes the difference between the

• A)current replacement cost of the inventory and its acquisition cost.
• B)selling price of the inventory and its original acquisition cost.
• C)acquisition cost of the inventory and its net realizable value.
• D)selling price of the inventory and its net realizable value.
• E)none of the above.

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