abaca energy is a brazilian integrated energy company. it specializes in the production of synthetic...
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Accounting
abaca energy is a brazilian integrated energy company. it specializes in the production of synthetic crude oil sands. Abaca energy follows IFRS for financial reporting purposes. the carrying value of Abaca energy's inventories reflects
a their historical cost
b their current value
c the difference between market value and historical value
d the lower of historical cost or net realizable value
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