Which costs are within the scope of AASB 6?
A) Pre-exploration and evaluation phase expenditure.
B) Exploration and evaluation phase expenditure.
C) Development phase expenditure.
D) All of the options listed.

Question

Quizplus · Accepted Answer

AASB 6 specifically addresses the accounting for exploration and evaluation expenditures incurred by entities in the exploration and evaluation phase of mineral resources.

Which Costs Are Within the Scope of AASB 6