CERTYNEX IFRS ACADEMY

For which inventories are only the measurement requirements of IAS 2 set aside, the inventories remaining within the scope of the standard? (several answers possible)

The ore of a mining group, measured at net realisable value in accordance with well-established practices in its industry.

The goods of a chain of DIY stores.

The copper of a commodity broker-trader, measured at fair value less costs to sell.

Share options held by a bank.

The felled timber of a forestry producer, measured at net realisable value in accordance with well-established practices in its industry.