Transcribed Image Text: Which of the following situation/s do you think are considered to be part of property, plant and equipment as per IAS 16?
I An entity owns a motor vehicle for the exclusive business and private use of its chief accounts officer
An entity acquired a license to import a specific chemical into the country.
The entity owns a Pickup truck and trailer used to transport feed to the animals in a cattle farm.
IV. An entity owns a fleet of motor vehicles. The vehicles are used by the sales staff in the performance of their duties.
I, II, III and IV only
I and IV only
I, III and IV only
EN A E s all