Which Statement Is Not Correct

question 19

Multiple Choice

Which statement is not correct?

• A)The three phases in mining activities are: mineral exploration, development and extraction.
• B)The accounting for mineral exploration is conceptually similar to that for research activities.
• C)Mineral exploration costs can be capitalized because markets for mineral resources are well established.
• D)A mineral site entering the development phase would normally satisfy the six criteria required for capitalization.

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Definitions:

Preschooler

A child who is in the developmental stage between toddlerhood and school age, typically between the ages of 3 and 5 years.

Random In Nature

Events or processes that occur without a predictable pattern, often described by probability distributions.

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The ability to encode, store, and retrieve information over time.

Passive Construction

In grammar, a sentence structure where the subject undergoes the action of the verb, often resulting in a shift of focus from the doer to the receiver of the action.