ISSN: 2225-8329
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This paper focuses on the adaptability of accounting techniques, determination of the effects of using different inventory valuation techniques in pricing mechanism and the resultant effect on organizational profitability. A company wise comparison of accounting records and review of neolithic literature based on accounting techniques, convey absolute clarity of the subject matter. The adaptability of different accounting techniques of inventory pricing mechanism was reviewed to determine the organizational objective, was harnessed to review the adequacy and advantage of different techniques and the differential effects on organizational profitability were carefully studied. Methodology shows that the work on this paper entirely based on neolithic review of accounting literature and techniques adopted in exhibiting the company wise inventory pricing system. It was observed that the effect of using different techniques in pricing inventories will be different on cost per unit of the process.
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In-Text Citation: (Omah & Okolie, 2013)
To Cite this Article: Omah, I., & Okolie, J. U. (2013). Accounting Techniques: A Dichotomy in Inventory Valuation Differential. International Journal of Academic Research in Accounting Finance and Management Sciences, 3(1), 396–423.
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