Under International Financial Reporting Standards (IFRS), agricultural activity can result in the production of both agricultural produce and biological assets.

Name: Under International Financial Reporting Standards (IFRS), agricultural activity can result in the production of both agricultural produce and biological assets.
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Under IFRS, agricultural activity can result in the production of both agricultural produce and biological assets, which are accounted for separately in the financial statements.

Under International Financial Reporting Standards (IFRS), Agricultural Activity Can Result