Which of the following assets is/are to be valued at the lower of cost and net realizable value? A. Goodwill B. Inventories C. Investments D. Both B. and C. above. Right Answer: Inventories Share : February 22, 2018 Asghar Khan Accounting Total 0 Votes: 0 0 Tell us how can we improve this Mcqs? Captcha: + = Verify Human or Spambot ? Related Mcqs Check Below -A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car?Investment in own share A/c appears in?Office equipments account is classified as _________ account?