Which of the Following E&E Costs Would Be Classified as Intangibles

question 19

Multiple Choice

Which of the following E&E costs would be classified as intangibles?
I - Drilling rights.
II - Equipment inspection costs.
III - Exploration licenses.
IV - Capitalised consumable costs.

• A) I, II and III.
• B) II, III and IV.
• C) I, II and IV.
• D) I, III and IV.

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