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Is seed a biological asset-true or false

Assignment Help Financial Accounting
Reference no: EM133004238

TRUE OR FALSE

Problem 1. Is seed a biological asset?

Problem 2. A biological asset that is previously measured at fair value less costs to sell shall be measured at fair value less costs to sell unit it disposed.

Problem 3. Disclosures related to agriculture include the amount of change in fair value less costs to sell due to physical changes and not of due to price changes.

Reference no: EM133004238

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