Question

Which of the following statement is not true with regards to a bearer plant as per IND AS 16:

A A bearer plant is a living plant that is used in the production or supply of agricultural produce

B A bearer plant is a living plant that is expected to bear produce for more than one period

C A bearer plant is a living plant that has a high likelihood of being sold as agricultural produce, except for incidental scrap sales.

D A bearer plant is a living plant that has a remote likelihood of being sold as agricultural produce, except for incidental scrap sales.

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