(Learning Objective 2 and 3: Aggregating assets on the balance sheet) Marvis Ltd has the following assets. Assuming that each account is not material, what is the highest level of aggregation allowed under IAS 1?

Cash Short-term share investments Machinery and equipment Term deposits Investment under equity method Furniture and fi ttings Prepayments and deposits Goodwill Trucks Accounts receivables Inventory—raw materials Factory Other receivables Inventory—work-in-progress Plantation Notes receivables Inventory—fi nished goods Intellectual property rights