Provide a definition of each of the follow accounting terms.
Definitions:
AASB 6/IFRS 6
Standards guiding the exploration for and evaluation of mineral resources, providing criteria on the recognition and measurement of exploration and evaluation expenditures.
Non-regenerative Resources
Resources that cannot be replenished or renewed after their consumption, such as fossil fuels and minerals.
Full Cost Method
An accounting method used in the oil and gas industry, where all exploration, development, and production expenses are capitalized rather than expensed.
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