CA Final · Financial Reporting · Ind AS 41 Agriculture
Which of the following sets of paragraphs is stated in Appendix 1 of Ind AS 41 as appearing as 'Deleted' in IAS 41, with the paragraph numbers still retained in Ind AS 41 for consistency?
The paragraphs shown as deleted in IAS 41, with numbers retained in Ind AS 41, are 9, 14, 17-21, 23, 39 and 47-48. Paragraphs 58-63 are separate, being omitted for effective date and transition reasons.
- AParagraphs 9, 14, 17-21, 23, 39 and 47-48Correct
- BParagraphs 5, 5C, 9, 14 and 23
- CParagraphs 17-21, 23, 39, 47-48 and 58-63
- DParagraphs 9, 14, 17-21, 23, 39 and 58-63
Explanation
Appendix 1 lists paragraph 9, 14, 17-21, 23, 39 and 47-48 as deleted in IAS 41. Paragraphs 58-63 are a different category: not included because of effective date and transition. Options mixing 58-63 therefore are wrong.
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