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Cambridge IGCSE Accounting

4.5Valuation of inventory

Valuation of inventory in Cambridge IGCSE Accounting: what the syllabus expects you to know, the learning objectives and how to practise.
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Learning objectives

What the syllabus expects you to be able to do.

  1. 4.5.1Value inventory at the lower of cost and net realisable value.
  2. 4.5.2Explain the effect of an incorrect inventory valuation on profit, equity and assets.

Lessons

  • Valuation of inventory

    30 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Valuation of inventory: sample question

1 mark

Which cost is included in the cost of inventory?

Choose one answer

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