What U.S.term was equivalent to "inventories" as it was used in financial statements of companies located in the United Kingdom, prior to adoption of IFRS in 2005?
A)Operating assets
B)Consumables
C)Stocks
D)Merchandise

Name: What U.S.term was equivalent to "inventories" as it was used in financial statements of companies located in the United Kingdom, prior to adoption of IFRS in 2005? A)Operating assets B)Consumables C)Stocks D)Merchandise
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The Answer is C

What USterm Was Equivalent to "Inventories" as It Was Used in in Financial