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QUESTION
the use of the LIFO method to value its inventories will be impacted if a switch to financial statements prepare in compliance with IFRS will be made?...
- How the use of the LIFO method to value its inventories will be impacted if a switch to financial statements prepare in compliance with IFRS will be made?
- Whether interest cost on construction of a new warehouse may be included in the cost of the new warehouse?
- In what instances should goodwill be adjusted for impairment?
- PLEASE PROVIDE REFERENCE FOR EACH ANSWER.
