How many of these are reasons for the selling value of some inventory items falling below their cost price?
$\bullet$Obsolescence
$\bullet$Damage
$\bullet$Past use-by date
$\bullet$A rise in the market price

Question

Quizplus · Accepted Answer

Obsolescence, damage, and being past the use-by date can all cause the selling value of inventory items to fall below their cost price. A rise in the market price would typically increase the value, not decrease it.

How Many of These Are Reasons for the Selling Value ∙\bullet∙

How Many of These Are Reasons for the Selling Value $\bullet$