NZ IAS 41 excludes certain biological assets from its scope. To be included: Select one: a. the living animal or plant m
Posted: Fri May 20, 2022 8:07 am
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.
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.