A biological asset used in agricultural activity whose fair value is readily determinablewithout undue cost or effort is accounted for using:

The cost model or the fair value model (an accounting policy choice).

A biological asset used in agricultural activity whose fair value is r

1.	A biological asset used in agricultural activity whose fair value is readily determinablewithout undue cost or effort is accounted for using:
A.	The fair value model.
B.	The cost model or the fair value model (an accounting policy choice).
C.	The cost model.
D.	Any of the above
Answer» B. The cost model or the fair value model (an accounting policy choice).