van der Laan, Erwin; Teunter, Teunter, R.H. - Faculteit der Economische Wetenschappen, Erasmus … - 2003
Valuation of inventories has different purposes, in particular accounting and decision making, and it is not necessary for a firm to use the same valuation method for both purposes. In fact, it is not uncommon to use accounting books as well as management books. In this chapter, we will only...