Net realizable ballue can be defined as the?

1 answer:

6 0

In Accounting, Net Realizable Value (NRV) is the method of evaluating the value or worth of an asset held as inventory. This method is used avoid overstating or understating the value of an goods in inventory.

NRV is the result of deducting the costs incurred in selling the goods from its selling price. These selling costs are the cost incurred in production, completion, and disposal of the product.

This method is very important in accounting practices because it will reflect on the income statement which are public company papers subject to the governments' scrutiny.

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According to ___________, society is a whole unit, made up of interrelated parts that work together. *

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According to Functionalism, society is a whole unit, made up of interrelated parts that work together.

<h3>What is Functionalism?</h3>

Functionalism is the theory of how the only factor that determines whether anything qualifies as a cognition, emotion, or pain is also that object's functionality, or even the position it performs inside the cognitive structure of whatever it forms part.

In the process of Functionalism, the parts are interconnected, and the data are saved and will be in a quality that presents itself to the people.

Functionalism holds that civilization is indeed a cohesive system formed of interdependent elements that operate together as a whole. The entire societal structure is constructed up of interconnected elements, each of which serves a certain purpose.

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Stowe's Uncle Tom's Cabin widened the chasm between the North and the South, greatly strengthened Northern abolitionism, and weakened British sympathy for the Southern cause. The most influential novel ever written by an American, it was one of the contributing causes of the Civil War.

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