AASB 141/IAS 41 Requires That Biological Assets Be Measured on Initial

AASB 141/IAS 41 requires that biological assets be measured on initial recognition and at the end of each reporting period:

A) at fair value less costs to sell.
B) at fair value less costs to sell at the point of harvest.
C) at fair value less estimated costs to sell at the point of harvest.
D) at fair value less costs to sell, except where the fair value cannot be measured reliably.