Q52 Single choice Mark for later Which of the following statements is true regarding an organization's inventory valuation1? A The valuation will be incorrect it the inventory includes goods m transit shipped free on board (FOB) destination to another organization B The valuation will be correct if the inventory includes goods received on consignment from another organization C The valuation will be incorrect it the inventory includes goods in transit shipped FOB shipping point from another organization D The valuation will be correct it the inventory includes goods sent on consignment to another organization Correct answer