Which of the Following E&E Costs Would Be Classified as Intangibles

question 20

Multiple Choice

Which of the following E&E costs would be classified as intangibles?
I. Drilling rights.
II. Exploration licenses.
III. Equipment inspection costs.
IV. Capitalised consumable costs.

• A) I, II and IV.
• B) I, II and III.
• C) I, III and IV.
• D) II, III and IV.

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