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NEW QUESTION: 1

A. Option A
B. Option D
C. Option C
D. Option B
Answer: A

NEW QUESTION: 2
In the successful effort method, oil firms:
I. are required to expense all oil-drilling costs resulting in dry holes.
II. can capitalize drilling costs which result in productive oil wells.
III. are required to capitalize all oil-drilling costs.
IV. are required to expense all oil-drilling costs.
A. I & II
B. II only
C. III & IV
D. I only
Answer: A
Explanation:
Explanation/Reference:
Explanation:
In extractive industries, firms are allowed to use either the full-cost method, in which all search and development costs can be capitalized, or the successful-efforts method, where all such costs are expensed unless they result in revenue-generating assets, in which case, they are capitalized. If an oil drilling firm uses the successful-efforts method, it expenses costs incurred on dry holes and capitalizes those resulting in oil-producing wells.

NEW QUESTION: 3
On the Huawei SDN solution vDC active-standby disaster recovery-active and standby egress scenarios, an active/standby external network can support multiple outlets to form one active and multiple standby.
A. False
B. True
Answer: A