Which of the Following Are Reasons for the Selling Value

question 48

Multiple Choice

Which of the following are reasons for the selling value of some inventory items falling below their cost price?
I. Obsolescence
II. Damage
III. Past use-by date
IV. A rise in the market price

• A) I and II only.
• B) II and III only.
• C) I, II and III only.
• D) I, II, III and IV.

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Definitions:

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to and removing waste from the fetus through the umbilical cord.

Hormones

Chemical messengers produced by glands in the body that regulate processes such as growth, metabolism, and mood.

Contractions

In physiology, contractions refer to the tightening and relaxing of muscles, such as those involved during childbirth.

Amnion

A thin membrane forming a closed sac around the embryo in mammals, birds, and reptiles, containing amniotic fluid that cushions and protects the embryo.