Grade 12 · Term 2
Inventory Valuation and Control
Inventory systems, FIFO and weighted average, lower of cost and NRV, and internal control over stock.
Where this fits in CAPS
Inventory Valuation and Control is part of Grade 12 Accounting, Term 2, in the CAPS (Curriculum and Assessment Policy Statement) practice on PrepPals. Each practice session gives you questions on the topic with instant feedback, and you keep a streak as you go. It is free.