Which of the Following Costs Is Not an Element of Cost

question 15

Multiple Choice

Which of the following costs is not an element of cost of exploration for and evaluation of mineral assets in AASB 6"Exploration for and Evaluation of Mineral Resources"?

• A) The costs of acquiring leases or other rights of tenure in the area of interest are included in the cost of the exploration and evaluation asset if they are acquired as part of the exploration for and evaluation of mineral resources;
• B) Charges for depreciation of equipment used in exploration and evaluation activities;
• C) General and administrative costs directly attributed to the operational activities in the area of interest to which the exploration and evaluation asset relates;
• D) Salaries and other expenses of general management allocated by head office to the area of interest
• E) None of the given answers.

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Definitions:

Evolutionary

Pertaining to evolution; involving gradual changes in species over generations through natural selection and genetic variation.

Biologically Adaptive Behavior

Behaviors or traits that increase the survival or reproductive success of organisms in a particular environment.

Predators

Organisms that hunt and consume other organisms (prey) for sustenance, playing crucial roles in maintaining ecological balance by controlling prey populations.

Prey

Organisms that are hunted and eaten by other organisms (predators) as a means of surviving in the natural world.