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Question 1 2 pts Since all costs are capitalized under the full cost method, there is no suspense accounts for wells in process. O True

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Question 1 2 pts Since all costs are capitalized under the full cost method, there is no suspense accounts for wells in process. O True False Question 2 2 pts Impaired of indivividually insignificant properties use an allowance account similar in nature to an allowance for bad debts accounts in financial accounting. O True O False

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