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Q10. Which of the following are included within the scope of IAS 16 property, Plant & Equipment? A The recognition and measurement of exploration and
Q10. Which of the following are included within the scope of IAS 16 property, Plant \& Equipment? A The recognition and measurement of exploration and evaluation assets 8 Mineral rights CMineral reserves such as oil, natural gas and similar non-regenerative resources D Property, plant and equipment used to develop or maintain exploration and evaluation assets, mineral rights and mineral reserves Q11. Obligations for removal and restoration in A accounted for in accordance with AASB 6/I7/IAS 37. B accounted for in accordance with phase. c deferred until the devel. for the removal and restoration tends to be recognised in which phase? A Pre-exploration phase B Exploration phase C Evaluation phase D Development phase Q13. The following are examples of components that are classified as tangible E\&E assets except for: A major inspections of equipment. B drilling rigs. C geological testing. D replacement of major parts of E\&E equipment
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