存貨

问题如下：

The carrying value of inventories reflects:

选项：

A.

their historical cost.

B.

their current value.

C.

the lower of historical cost or net realizable value.

解释：

C is correct.

Under IFRS, inventories are carried at historical cost, unless net realizable value of the inventory is less. Under US GAAP, inventories are carried at the lower of cost or market.

解析：考点是inventory的计量，包括初始计量和后续计量。inventory初始计量应该使用购买成本，但是出现减值迹象时需要对carrying value进行减值测试并确认减值金额。在IFRS下，inventory的减值是账面价值跟net realizable value比，如果账面价值大于NRV，就要减值到NRV。US GAAP下，inventory的减值是账面价值和market比，如果账面价值大于market，就要减值到market金额。B肯定不对，A只涉及初始计量，所以应该选C，inventory的账面价值其实是反映了历史成本和NRV的较小值。