Accounting MCQ LCNRV Which of the following is not an acceptable method of applying the LCNRV?

Which of the following is not an acceptable method of applying the LCNRV?

Naim 16:54 LCNRV

Which of the following is not an acceptable method of applying the LCNRV?

A. Inventory location
B. Group method
C. Individual item
D. Total inventory

Answer: A. Inventory location

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