Which of the Following Statements Is True About the Full-Costing

Multiple Choice

Which of the following statements is true about the full-costing method?

A) The cost of a dry well would be written off immediately as a loss.
B) All costs are recorded as assets and then depleted over the resource's useful life.
C) All costs are written off immediately as a loss.
D) All costs are recorded as assets and remain on the books as assets.