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LCNRV in Inventory Meaning

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

LCNRV on Inventory 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 Inventory?

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

  2. What is the shortened form of Lower-Of-Cost-Or-Net Realizable Value in Inventory?

    The short form of "Lower-Of-Cost-Or-Net Realizable Value" is LCNRV for Inventory.

Citation

LCNRV in Inventory. Acronym24.com. (2019, December 24). Retrieved January 31, 2025 from https://acronym24.com/lcnrv-meaning-in-inventory/

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