State whether the following statement are True or False: Accounting Standard (AS 16) on property, plant and

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State whether the following statement are True or False:

Accounting Standard (AS 16) on property, plant and equipment is not applicable to mineral rights and mineral reserves like oil, natural gas and similar non-regenerative resources.

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Financial Accounting For Management

ISBN: 9789385965661

4th Edition

Authors: Neelakantan Ramachandran, Ram Kumar Kakani

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