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1. List the costs that are treated the same (i.e., capitalized or expensed) under successful efforts and full-cost accounting. List the costs that are

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1. List the costs that are treated the same (i.e., capitalized or expensed) under successful efforts and full-cost accounting. List the costs that are treated differently. 2. What accounting treatment is given to the following costs under SE: acquisition costs, exploration costs, development costs, and production costs? Page 2 of 10

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