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When a liquid is boiling,its temperature does not change.
IAS 41
The International Accounting Standard that deals with agriculture, outlining the accounting treatment for biological assets during and at the end of the agricultural activity.
Live Immature Fish
Young fish not yet reached maturity, often referenced in aquaculture or fisheries management.
Fair Value
The sum one would obtain from selling an asset or the cost to move a liability in a smooth exchange among market players on the date of valuation.
Biological Asset
A living animal or plant.
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