A manufacturer of catalytic converters holds large amounts of palladium as raw material. If the price of
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A manufacturer of catalytic converters holds large amounts of palladium as raw material. If the price of palladium suddenly surges by 15 percent, what accounting principle prevents the manufacturer from increasing the value of palladium inventory in its books?
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Related Book For 
Practical Finance For Operations And Supply Chain Management
ISBN: 9780262043595
1st Edition
Authors: Alejandro Serrano, Spyros D. Lekkakos, James B. Rice
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