NZ IAS 41 excludes certain biological assets from its scope. To be included: Select one: a. the living animal or plant m

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answerhappygod
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NZ IAS 41 excludes certain biological assets from its scope. To be included: Select one: a. the living animal or plant m

Post by answerhappygod »

NZ IAS 41 excludes certain biological assets from its scope. To
be included:
Select one:
a. the living animal or plant must be used in a commercial
venture.
b. the living animal or plant must be capable of earning
revenue.
c. the living animal or plant may only be used within an
agricultural activity.
d. the asset must be alive and may include organisms such as
viruses.
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