• Inventory managementPhoto of Inventory valuation methods

    Inventory valuation methods

    Valuation Methods or, Inventory Valuation Methods are techniques with the main goal of selecting and applying a specific base to evaluate inventory in monetary terms. Valuation is a vital process when acquisition unitary prices have been different. There are many Inventory Valuation techniques, however those commonly used by Organizations today are: Given that Specific Identification consists in the individual identification…

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