As per IAS 36, Recoverable value means higher of?

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Net realizable value method in inventory valuation can be used, even if this val...
Posted by:
Rashad Moursi
22-May-2014

1.Value in use or

2. FV less cost to sell

True or false

Accounting Financial Accounting IFRS sap fico Finance

Question added by Mohammed Mohammed , Senior SAP Consultant , Abyat Mega Store
Date Posted: 2017/04/26

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1 Answers

by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

The correct answer is True

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