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  • Accounting and Finance for Bankers - 3 (JAIIB)
  • As per AS 2, the cost of inventories should comprise
Multiple choice

As per AS 2, the cost of inventories should comprise

  1. Costs of Purchase

  2. Costs of Conversion

  3. Both (1) and (2)

  4. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Correct Answer: Both (1) and (2)

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