The lower of cost or market rule for inventory is an example of the application of

The lower of cost or market rule for inventory is an example of the application of

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The lower of cost or market rule for inventory is an example of the application of: the economic entity assumption.
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Unformatted text preview: the conservatism constraint. the historical cost principle. the materiality constraint....
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This note was uploaded on 01/04/2012 for the course ACCOUNTING ac 201 taught by Professor - during the Spring '11 term at Montgomery.

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