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    Exam 21: Non-Current Assets: Revaluation, Disposal and Other Aspects
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    Under IAS 41/AASB 141 the Basis for Measuring Biological Assets
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Under IAS 41/AASB 141 the Basis for Measuring Biological Assets

Question 39

Question 39

Multiple Choice

Under IAS 41/AASB 141 the basis for measuring biological assets is:


A) historical cost.
B) fair value less estimated point-of-sale costs.
C) replacement value.
D) estimated market value less estimated point-of-sale costs.

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