Which Statement Is Not Correct

question 34

Multiple Choice

Which statement is not correct?

• A)Under the successful efforts method, costs of all projects remain capitalized.
• B)ASPE allows either the full cost or successful efforts method to be used.
• C)Under the successful efforts method, only costs of successful projects remain capitalized.
• D)Under IFRS, all costs must be expensed if a mineral site is not worthy of further exploration.

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Definitions:

Television

A system for transmitting visual images and sound that are reproduced on screens, primarily used for broadcasting entertainment, news, and information.

Absolute Threshold

The minimum stimulation needed to detect a particular stimulus 50 percent of the time.

Partially Deaf

A condition where there is significant, but not total, loss of hearing capability.

Hearing Ability

The capability to perceive sound by detecting vibrations through an organ such as the ear.