What Is the Amount of Consolidated Net Income for 2016

question 19

Multiple Choice

What is the amount of Consolidated Net Income for 2016?

• A) $206,200
• B) $208,000
• C) $216,000
• D)$218,000

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Definitions:

Larger Cost Centre

An organizational unit or function within a business responsible for managing significant cost allocations for monitoring and optimizing resource usage.

AASB 6/IFRS 6 Disclosure

Requirements related to the exploration for and evaluation of mineral resources, detailing financial reporting standards for these activities.

E&E Assets

Exploration and Evaluation Assets, specific to the extractive industries, representing capital expenditures on the exploration and evaluation of mineral resources.

Pre-exploration Costs

Expenses incurred before the actual exploration activity begins, such as for initial research or permitting.