(A) Written down to zero or its scrap value ()
(B) Shown in the Balance Sheet at its replacement cost (X)
(C) Shown in the Balance Sheet at cost, but classified as a non-current asset (X)
(D) Carried in the accounting records at cost until it is sold (X)
Answers: Recent developments have made much of a company‘s inventory obsolete. This obsolete inventory should be Written down to zero or its scrap value.