Question: Question 1 State whether the following are: biological assets, processed products, bearer plants or agricultural produce: a.Tea b.Milk c.Tea Bushes c.Pigs Question 2 List and

Question 1

State whether the following are: biological assets, processed products, bearer plants or agricultural produce:

a.Tea

b.Milk

c.Tea Bushes

c.Pigs

Question 2

List and explain three characteristics that make biological assets different to property, Plant and Equipment assets.

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