Instruction: Answer the following questions, just click the reply button and type your answer.

1.What is the meaning of exploration and evaluation of mineral resources?

2. Explain exploration and evaluation expenditures.

3. Explain the measurement of exploration and evaluation asset

4.. Explain classification of exploration and evaluation asset.

5. What are wasting asset?

6. Explain the cost of a wasting asset asset.

7. What is the acquisition cost?

8. What is exploration cost?

9. Explain the successful effort and full cost method of accounting for exploration cost

10. What is development Cost?

11. What is estimated restoration cost?

12. What is depletion?

13. Explain the common method of computing depletion.

14. Explain fully how mining equipment should be depreciated

15. Discuss the trust fund doctrine and wasting asset doctrine.