{"id":49548,"date":"2024-04-15T22:57:20","date_gmt":"2024-04-15T22:57:20","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=49548"},"modified":"2024-04-15T22:57:20","modified_gmt":"2024-04-15T22:57:20","slug":"at-what-price-the-stock-is-valued-under-conventional-method","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/at-what-price-the-stock-is-valued-under-conventional-method\/","title":{"rendered":"At what price the stock is valued under conventional method:"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;At cost price&#8221; option2=&#8221;At market price&#8221; option3=&#8221;At cost price or market price whichever is lower&#8221; option4=&#8221;At cost price or market price whichever is higher&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: C. At cost price or market price whichever is lower.<\/p>\n<p>Under the conventional method, the stock is valued at the lower of its cost price or market price. This means that if the stock is worth less than what you paid for it, you can write it down to the lower value. This can help you to reduce your taxes.<\/p>\n<p>Option A is incorrect because the stock is not valued at its cost price.<\/p>\n<p>Option B is incorrect because the stock is not valued at its market price.<\/p>\n<p>Option D is incorrect because the stock is not valued at the higher of its cost price or market price.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;At cost price&#8221; option2=&#8221;At market price&#8221; option3=&#8221;At cost price or market price whichever is lower&#8221; option4=&#8221;At cost price or market price whichever is higher&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-49548","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>At what price the stock is valued under conventional method:<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/at-what-price-the-stock-is-valued-under-conventional-method\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"At what price the stock is valued under conventional method:\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;At cost price&#8221; option2=&#8221;At market price&#8221; option3=&#8221;At cost price or market price whichever is lower&#8221; option4=&#8221;At cost price or market price whichever is higher&#8221; correct=&#8221;option3&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/at-what-price-the-stock-is-valued-under-conventional-method\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-15T22:57:20+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"At what price the stock is valued under conventional method:","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/at-what-price-the-stock-is-valued-under-conventional-method\/","og_locale":"en_US","og_type":"article","og_title":"At what price the stock is valued under conventional method:","og_description":"[amp_mcq option1=&#8221;At cost price&#8221; 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