With Respect to Exploration and Evaluation Assets, Costs Incurred in the Pre-Exploration

question 51

Multiple Choice

With respect to exploration and evaluation assets, costs incurred in the pre-exploration and evaluation phase are:

• A) expensed.
• B) capitalized.
• C) expensed or capitalized.
• D) expensed under IFRS and expensed or capitalized under ASPE.

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Definitions:

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