Examples of 'lower of cost' in a sentence
Meaning of "lower of cost"
lower of cost: This accounting phrase refers to the method of valuing inventory or assets at the lower of their historical cost or market value. It is a standard practice in financial reporting to ensure that assets are not overstated in value
How to use "lower of cost" in a sentence
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lower of cost
At lower of cost and net realisable value.
Inventories are stated at the lower of cost or market.
A At the lower of cost or fair value.
It should be calculated at the lower of cost or market.
Monthly o Lower of cost or market ̨.
This tends to give a better approximation of the lower of cost or market.
Supplies are valued at the lower of cost or replacement value.
Topic 330 currently requires an entity to measure inventory at the lower of cost or market.
Inventories are stated at the lower of cost or current replacement cost.
A provision is recorded to reduce inventory values at the lower of cost or realizable value.
Inventories are valued at the lower of cost price or realizable value.
Hence, an additional method for valuing inventory is the lower of cost or market.
Assets are valued at the lower of cost or net realizable value.
Other financial investments are valued at the lower of cost or market value.
Stocks are stated at the lower of cost and net realisable value.
See also
Inventories held for consumption are recorded at the lower of cost and replacement cost.
Inventory is valued at the lower of cost or net realizable value ( NRV ).
MARKETABLE SECURITIES These are valued at the lower of cost and market value.
Short-term investments, stated at the lower of cost or market value, are disclosed in schedule 3 ;.
Investments Investments are recorded at the lower of cost and market value.
Inventories are valued at the lower of cost or net realisable value.
In the Corporation 's accounts receivable at the lower of cost and fair.
Inventories are valued at the lower of cost or current replacement cost.
Statement V Represented by Short-term investments at lower of cost or market value.
Inventory is valued at the lower of cost and replacement value.
INVENTORIES AND WORK-IN-PROGRESS Inventories are measured at the lower of cost or net realizable value.
Inventory is recorded at the lower of cost and net realizable value.
Inventories held for sale are stated at the lower of cost or net realizable value.
Inventories are valued at the lower of cost and net realisable value.
Income property under development is stated at the lower of cost and its economic value.
Short-term investments at lower of cost or market valuec.
Income properties under development are stated at the lower of cost and their economic value.
These inventories are valued at the lower of cost and net realizable value.
Inventories, We report inventories at the lower of cost or market ( LCM ).
Securities are valued at the lower of cost or market value.
They are recorded at the lower of cost and market.
Inventories have been measured at the lower of cost or net realisable value.
Trading property is measured at the lower of cost and net realisable value.
Inventories should be measured at the lower of cost and net realizable value.
Inventories should be measured at the lower of cost and net realisable value.
Properties under development are stated at the lower of cost and net recoverable amount.
Repossessed and other assets are valued at lower of cost and net realizable value.
Repossessed and other assets are stated at lower of cost and net realizable value.
Inventories held for sale are valued at the lower of cost and net realizable value.
The subsidiary companies value inventory at the lower of cost and net realizable value.
Repossessed and other assets are measured at the lower of cost and net realizable value.
Inventories Inventories are recorded at the lower of cost and replacement cost.
Under IFRS inventory should be valued at the lower of cost and net realisable value.
Long-term investments at lower of cost or market value.
Short-term investments at lower of cost or market valued.
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