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A three-day weather forecast is less accurate than a four-day weather forecast.
IAS 41
An International Accounting Standard that deals with the accounting for agricultural activity, including the transformation of biological assets (living plants and animals) into agricultural produce.
Biological Asset
Living plants or animals that companies hold for sale, into agricultural produce, or into additional biological assets.
IAS 41
An international accounting standard that relates to agriculture, covering the accounting for agricultural activity and the management of living plants and animals.
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