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LCNRV in Accounting Meaning

The LCNRV meaning in Accounting terms is "Lower-Of-Cost-Or-Net Realizable Value". There are 2 related meanings of the LCNRV Accounting abbreviation.

LCNRV on Accounting Full Forms

  1. Lower-Of-Cost-Or-Net Realizable Value
  2. Lower of Cost Or Net Realizable Walue

Frequently Asked Questions (FAQ)

  1. What does LCNRV stand for Accounting?

    LCNRV stands for Lower-Of-Cost-Or-Net Realizable Value in Accounting terms.

  2. What is the shortened form of Lower of Cost Or Net Realizable Walue in Accounting?

    The short form of "Lower of Cost Or Net Realizable Walue" is LCNRV for Accounting.

Citation

LCNRV in Accounting. Acronym24.com. (2019, December 24). Retrieved March 31, 2025 from https://acronym24.com/lcnrv-meaning-in-accounting/

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