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What is one of the three recognition criteria for biological assets and agricultural produce? A. The entity controls the asset as a result of past
What is one of the three recognition criteria for biological assets and agricultural produce? A. The entity controls the asset as a result of past events. B. The agricultural asset is mature enough to be harvested. C. The fair value or cost of the asset must be known. D. It is possible that future economic benefits associated with the asset will flow to the entity
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