'Different cost flow assumptions' diaporamas de présentation

Inventories: Measurement

Inventories: Measurement. Objectives of this Chapter. Discuss the importance of inventory valuation. Study perpetual and periodic inventory systems and the ending period adjustments for inventory. Study and compare the inventory cost flow assumptions. Explain the effect of LIFO liquidations.

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Chapter 6

Chapter 6. Inventories. Objectives:. Discuss inventory cost flow assumptions. Apply cost flow assumptions to determine the CGS and the value of ending inventory. Explain the lower-of-cost-or-market (LCM) rule for inventory reporting.

1.04k views • 65 slides

Inventory Cost Flow Assumptions

266 views • 7 slides