Which of the following is NOT within the scope of the IASB extractive activities project?
A) the definition of reserves and resources
B) whether to expense or capitalize costs recognised after recognition of reserves and resources as assets
C) measurement of reserves and resources on initial recognition as an asset
D) disclosure requirements for reserves and resources

Question

Quizplus · Accepted Answer

The IASB extractive activities project does not address whether to expense or capitalize costs recognized after recognition of reserves and resources as assets. The project focuses on the definition, measurement, and disclosure of reserves and resources in extractive industries.

Which of the Following Is NOT Within the Scope of the IASB