Answer :
Answer:
A. NRV is the estimated selling price after processing the product beyond the split-off point.
Explanation: Net realisable revenue is a term used in inventory management or in accounting to refer to the amount of cash expected front the sale of an asset or an inventory after subtracting the total cost associated with the disposal (sale) of that asset or inventory from the total amount received from the buyers of the inventory or the asset. Net realisable revenue can be used to determine the actual net value of an asset.
Net Realizable Value or NRV is a type of valuation method, which is commonly used in inventory accounting.
The correct answer is:
Option a. NRV is the estimated selling price after processing the product beyond the split-off point.
NRV can be explained as:
1. NRV is a net realizable value that considers the money as an asset and generates it upon the sale.
2. NRV is the estimated selling price, which is set after the product is processed after the split-off point.
3. NRV value is calculated by the difference between sales value and costs. It is the estimation of values of end-of-year inventory and accounts receivable.
Thus, the correct answer is Option A.
To know more about NRV, refer to the following link:
https://brainly.com/question/13686463