Which of the following statements is correct in relation to government grants?
A) Government grants for biological assets measured at fair value are accounted for under IAS 41.
B) Government grants for biological assets measured at cost are accounted for under IAS 41.
C) Government grants for biological assets measured at fair value are accounted for under IAS 20.
D) Government grants for biological assets measured at cost are accounted for under IAS 18.
Correct Answer:
Verified
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