Inventory Held by Businesses Operating in the Extractive Industries Should

Inventory held by businesses operating in the extractive industries should be valued at:

A) lower of cost and net realisable value, including amortisation of pre-production cost
B) net realisable value less an allowance for future rehabilitation costs
C) net realisable value
D) lower of cost and net realisable value, excluding amortisation of pre-production costs