AASB 6 Exploration for and Evaluation of Mineral Resources Allows

question 39

True/False

AASB 6 Exploration for and Evaluation of Mineral Resources allows an entity to apply either the cost model or the revaluation model to the exploration and evaluation assets.

---

Definitions:

Behavioral System

A behavioral system pertains to the structured set of behaviors and patterns exhibited by an individual or group, often analyzed in psychological and sociological contexts.

Structural Components

The fundamental parts or elements that create the framework or skeleton of a system, building, or theory, providing its shape and stability.

Specific Pattern

A distinct and recognizable arrangement or sequence of elements that can be identified consistently across different contexts or situations.

Integration

The process of combining or coordinating separate elements or components to work together in a unified or harmonious manner.