Reasons for the AASB 6 to Allow Exploration and Evaluation

question 7

Multiple Choice

Reasons for the AASB 6 to allow exploration and evaluation costs to be capitalised under certain circumstances includes which of the following?

• A) when the costs are expected to be recouped
• B) when the rights to tenure of the area of interest are current
• C) when a reasonable assessment of the viability of the area of interest can be made
• D) all of the above

---

Definitions:

Nineteenth-Century Organizations

Describes the structure and characteristics of organizations during the 1800s, often reflecting industrialization and early managerial practices.

Max Weber

A German sociologist, philosopher, and political economist who is considered one of the founders of modern sociology, known for his analysis of the development of Western capitalism and the concept of rationalization.

Political Connections

These are relationships between individuals or organizations and the political realm that can provide advantages in business or personal endeavors.

Managerial Ethics

Principles and standards governing the conduct of managers in their professional actions.