alleryStart learning →Which producers' stocks are outside AS 2 under NRV practice?
AOffice stationery for use
BPackaging held by a factory
CFinished goods of a maker
DHarvested crops, mineral ores
Answer & Solution
Correct answer: D. Harvested crops, mineral ores
Industries such as farming and mining measure harvested or extracted output at NRV, so these producers' stocks are excluded from AS 2.
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