Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Discover a wealth of knowledge from professionals across various disciplines on our user-friendly Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Most companies report their lower of cost or net realizable value write-down expense as ______ even if the goods haven't been sold, because it's a necessary cost of carrying and (eventually) selling the goods.