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IIA

IIA-CIA-PART3 · Question #149

cost is $4; and defect selling price is $5. What is the carrying amount (inventory value) of defects at your end?

The correct answer is C. $5,000. You've hit your session limit · resets 10:20pm (America/New_York)

Question

cost is $4; and defect selling price is $5. What is the carrying amount (inventory value) of defects at your end?

Options

  • A$0
  • B$4,000
  • C$5,000
  • D$10,000

How the community answered

(41 responses)
  • A
    5% (2)
  • B
    10% (4)
  • C
    83% (34)
  • D
    2% (1)

Explanation

You've hit your session limit · resets 10:20pm (America/New_York)

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