The production cost of inventory is always highly subjective and uncertain, because of the problem of overheads.
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‘The production cost of inventory is always highly subjective and uncertain, because of the problem of overheads. Since the valuation of an inventory of manufactured items can never be reliable, accountants should concentrate on making it relevant’.
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Related Book For
Financial Accounting An International Introduction
ISBN: 9781292102993
6th Edition
Authors: David Alexander, Christopher Nobe
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