Q182
The type of process loss that should not affect the cost of inventory value is _________.
A.
abnormal loss
AnswerB.
normal loss
C.
seasonal loss
D.
standard loss
Answer: Option A
Solution
Answer: Option A
Solution:
The type of process loss that should not affect the cost of inventory value is abnormal loss. Generally, an abnormal loss occurs because of negligence, carelessness, theft, mischief, fraud of employees, or inefficiency.