IAS 2 requires disclosure of the following: I$\quad$Details of reversals of prior year write-downs
II$\quad$Separate disclosure of the carrying amount of inventories carried at
$\quad$ cost and those carried at net realisable value
III$\quad$The accounting policy adopted by the entity in relation to inventory valuation
IV$\quad$The carrving amount of inventory by class

Question

Quizplus · Accepted Answer

IAS 2 requires disclosure of all these elements: reversals of prior year write-downs, separate disclosure of inventories carried at cost and those at net realisable value, the accounting policy for inventory valuation, and the carrying amount of inventory by class.

IAS 2 Requires Disclosure of the Following: I \quad Details of Reversals of Prior Year Write-Downs II

IAS 2 Requires Disclosure of the Following: I $\quad$ Details of Reversals of Prior Year Write-Downs
II