Why can the net realisable value of an inventory item differ from its fair value less costs to sell?Your answerABecause fair value is entity-specific, whereas net realisable value is a price set by the market.BBecause net realisable value is computed on the basis of the historical cost of the inventory, with no reference to a selling price.CBecause the former is entity-specific, whereas the latter is based on a price between market participants.DThey cannot differ: IAS 2 treats them as two names for one and the same exit value of the inventory.SubmitHint