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    Auditing A Business Risk Approach
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    Exam 13: Audit of Long-Lived Assets and Related Expense Accounts
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    Capitalized Natural Resources,e
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Capitalized Natural Resources,e

Question 57

Question 57

Multiple Choice

Capitalized natural resources,e.g. ,oil or coal,are usually written off over what period of time?


A) over a period not to exceed 40 years.
B) over an allocated useful life.
C) as assets are taken from the ground.
D) any of the above.

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