Which of the following is correct with respect to when the impairment test must be performed? O A. An annual test is required for indefinite lived assets under IFRS. OB. An annual test is required for definite lived assets under IFRS. O C. An annual test is required for definite lived assets under ASPE OD. An annual test is required for indefinite lived assets under ASPE. What is the meaning of "depreciation"? O A. The systematic allocation of an assets depreciable amount over is estimated useful life B. The estimated amount that an entity would currently obtain from dispobal of the asset, after deducting disposal costs, for an asset of similar age and condition expected at the end of its useful life OC. The estimated period of time over which an asset is expected to be available for use by an entity OD. The total amount to be expensed Which statement does not describe the "successful efforts" method? O A. A method of accounting that capitalizes costs of mineral exploration and evaluation until the production is successful OB. Amethod of accounting that capitalizes costs of mineral exploration and evaluation only if the production is commercially viable OC. Amethod of accounting that capitalizes costs of mineral exploration and evaluation only if the outcome is successful OD. A method of accounting that capitalizes costs of mineral exploration and evaluation only if the production is technically feasible