AASB 102 Inventories Applies to Biological Assets Related to Agricultural

question 59

True/False

AASB 102 Inventories applies to biological assets related to agricultural activity.

---

Definitions:

Foxglove

A genus of flowering plants known for their tubular, spotted flowers that are often used in heart medications.

Secondary Cell Wall

The thickened inner layer of a plant cell wall that provides rigidity and support to the cell, found in some cells after they have stopped expanding.

Primary Cell Wall

The initial, thin, and flexible layer that forms the outermost layer of the cell wall of young plant cells.

Plasma Membrane

The plasma membrane is a biological barrier that divides a cell's inside from its external surroundings, regulating the entry and exit of materials.