Reference no: EM132765881

Problem 1: All of the following can be considered bearer plant, except

a) Coconut tree

b) Grape vine

c) Rubber tree

d) Tree in a forest plantation to be harvested and sold as log or lumber

Problem 2: An entity is closing one operating division. At the current year-end, the entity has announced the formal plan publicly and is calculating the restructuring provision. Which of the following costs should be included in the restructuring provision?

a) Retraining staff continuing to be employed

b) Relocation costs relating to staff moving to other divisions

c) Contractually required costs of retiring staff being made redundant from the division being closed

d) Future operating losses of the division being closed up to the date of closure.