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

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
II.
An entity acquired a license to import a specific chemical into the country.
II.
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
IV only
Speakers: Muted
03:43
EN A E s all

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