Question

In a plant-to-plant movement, valuation occurs at :

a.Goods issue and the valuation price of the issuing plant.
b.Goods receipt and the valuation price of the issuing plant.
c.Goods issue and the valuation price of teh receiving plant
d.Goods receipt and at the average price of the receiving plant.

Answer 1

Answer: A

Goods issue and at the valuation price of the issuing plant.

Step-by-step explanation:

Plant valuation is defined as the process of estimating the worth of a plant and machinery asset, undertaken by professional valuers.

valuation occurs at goods issue and the valuation price of the issuing plant.