Generally,IAS 2 requires inventories to be measured at cost or net realisable value.Discuss circumstances when other measurement bases (such as current replacement cost)are permitted.

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The Answer of Generally,IAS 2 requires inventories to be measured at cost or net realisable value.Discuss circumstances when other measurement bases (such as current replacement cost)are permitted.

Generally,IAS 2 Requires Inventories to Be Measured at Cost or Net