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Lease record maintenance on unproved properties is expensed under full cost accounting. True False Shooting rights are expensed under successful efforts accounting. True False Production

Lease record maintenance on unproved properties is expensed under full cost accounting.

True

False

Shooting rights are expensed under successful efforts accounting.

True

False

Production costs are expensed under full cost accounting.

True

False

Cash lease bonus is expensed under successful efforts accounting.

True

False

Unproved property costs must be excluded in calculating amortization under full cost accounting.

True

False

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