akinlayo says August 21, 2017 at 12:28 am Hello Mike, Q2. Would grape vines not be classified as Bearer Fruits as well? I believe they are out of scope of IAS 41. Please help clarify. Log in to Reply
MikeLittle says August 21, 2017 at 7:05 am No, grape vines are the grape’s equivalent of apple trees. They are biological assets and satisfy the standard’s definition of a biological asset … “living plants or animals” OK? Log in to Reply
chinenyeobiji says December 1, 2015 at 1:11 pm please were can i get the solutions to 29 objective questions Log in to Reply
MikeLittle says December 1, 2015 at 1:42 pm Are they not automatically shown when you do the questions? Log in to Reply
Hello Mike,
Q2. Would grape vines not be classified as Bearer Fruits as well? I believe they are out of scope of IAS 41. Please help clarify.
No, grape vines are the grape’s equivalent of apple trees. They are biological assets and satisfy the standard’s definition of a biological asset … “living plants or animals”
OK?
please were can i get the solutions to 29 objective questions
Are they not automatically shown when you do the questions?