##  [Inventory Valuation Procedure](/index.php/inventory-valuation-procedure) 

  ##  [Inventory Valuation Procedure](https://social.quantumdictionary.io/inventory-valuation-procedure-0) 

  

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**Social Sciences Dictionary**

 







 

 

 

 



 

 

 

 

Definition

The accounting procedures and selected cost‑flow and measurement methods used to determine the monetary value of inventory items on hand and the cost of goods sold for reporting.