Which of the following items would not be covered by AASB 141?

Name: Which of the following items would not be covered by AASB 141?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

AASB 141 covers biological assets, which are living animals or plants that are used as inputs in the production or supply of agricultural produce. Wine is not considered a biological asset as it is a product of processing, not a living organism. However, vines and fruit trees would be considered biological assets under AASB 141.

Which of the Following Items Would Not Be Covered by AASB