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IMPACT OF INVENTORY VALUATION METHODS ON FINANCIAL REPORT STATEMENTS

CHAPTER ONE INTRODUCTION 1.1 Background of the Study Inventory refers to the stock of the resources which are held to sales and/or future production. It can be also viewed as an idle resource which has an economic value. So, better management of the inventories would release capital productively. Inventory control implies the coordination of materials controlling, utilization and purchasing. It has also the purpose of getting the right inventory at ...

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