Which a living plant with a dual use is classified as

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Problem 1: A living plant with a dual use is classified as

a) Bearer plant

b) Biological asset

c) Investment property

d) Inventory

Problem 2: An investment property is derecognized when

a) It is disposed of to a third party

b) It is permanently withdrawn from use

c) No future economic benefits are expected from its disposal

d) In all of the above cases

Reference no: EM132765930

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