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What types of firms are most at risk

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Reference no: EM132234189

Question - Your Learning Objectives for the Week:

• Assess inventory, valuation techniques, revenue recognition practices, and valuation of different kinds of assets, including different methods of valuation and their impact on the valuation of the firm.

• Using information literacy, discuss the role of authoritative bodies such as Financial Accounting Standards Board and Securities Exchange Commission that are responsible for establishing Generally Accepted Accounting Standards and related regulations and practices for financial reporting.

Retail firms are at risk that their inventory will become obsolete. What can a firm do to minimize this risk? What types of firms are most at risk?

Reference no: EM132234189

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