alleryStart learning →Net realisable value in Ind AS 2 is, for Ind AS 113,
AA Level 2 input
BSame as fair value
CRequired for stock
DResembles fair value
Answer & Solution
Correct answer: D. Resembles fair value
Measures like net realisable value and value in use resemble fair value but are entity-specific, so Ind AS 113 does not apply to them.
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