Under what circumstances should development costs be excluded in determining DD&A? Under what circumstances should a portion
Question:
Under what circumstances should development costs be excluded in determining DD&A? Under what circumstances should a portion of proved developed reserves be excluded in determining DD&A? Is the exclusion of the development costs or proved developed reserves dependent upon the choice of the company, or is it required?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
In Deep Water: Boardroom Tussle at Asia Water Technology Case Overview Listed on the Singapore Exchange in March 2005 , Asia Water Technology Ltd (AWT) faced problems such as rapidly deteriorating...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
What is prototyping? Under what circumstances should prototyping be used? Under what circumstances should it not be used?
-
Which is the most effective means of motivating trainees for a training program? a. Pay extra for training time. b. Require the training only for newly hired workers. c. Explain why the training is...
-
Marino Corporation pays $6,500 to rent a 10-seat skybox for three football games to use for business entertainment at each game. The price for a regular nonluxury box seat at each game is $45. How...
-
Go to the website for the Federal Reserve Board of Governors (www.federalreserve.gov) and download the most recent monetary policy press release of the Federal Open Market Committee (FOMC), the body...
-
Fraud deterrence is centered on the fear of getting caught and the fear of getting punished. In your opinion, which is stronger and why?
-
The equity sections from Atticus Groups 2013 and 2014 year- end balance sheets follow. Stockholders Equity (December 31, 2013) Common stock $ 4 par value, 100,000 shares authorized, 40,000 shares...
-
1. Write an integral using cylindrical coordinates that represents the volume between the surfaces z=x+ y and z = 6-x - y.
-
Should amortization always be computed using a common unit of measure based on relative energy when oil and gas reserves are produced jointly? If not, under what circumstances would amortization not...
-
Describe how to account for asset retirement obligations.
-
In each of the following examples, explain whether the decision is rational or irrational. Describe the type of behavior exhibited. a. Kookie's best friend likes to give her gift cards that Kookie...
-
For this activity we will use the same account class we have used in the past. This time we will not used inheritance or any other menu driven options. Use the program written at:...
-
Compute trend percentages for Flash Corporation total revenue and net income for the following five-year period, using year 0 as the base year. Round to the nearest full percent. (in thousands) Year...
-
An explosive charge giving an impulse of 4 kN s is used to discharge a 1 . 3 t satellite from a spaceship in steady flight. The mass of vehicle remaining after separation is 1 . 1 t . What is the...
-
A system consists of three periodic tasks: T = {(8, 4), (10, 2), (12, 3)}. a) Determine the schedulability of the system by means of schedulability test for Earliest Deadline First Algorithm. b)...
-
I need the code in java netbeans. I need the code to be exactly the same from the picture below. Also, I provide the instructions on what needs to be done. The kinds of annuals are Marigold, Pansy,...
-
Figure 35.3 shows the wave pattern produced by two identical, coherent sources emitting waves with wavelength and separated by a distance d = 4. (a) Explain why the positive y-axis above S1,...
-
The power company must generate 100 kW in order to supply an industrial load with 94 kW through a transmission line with 0.09 resistance. If the load power factor is 0.83 lagging, find the...
-
The following items were reported in the Chronicle of Philanthropy. In each case, what types of controls that might have prevented the incident were either not in place or did not work?
-
Read Fiscal Leanness and Fiscal Responsiveness:Exploring the Normative Limits of Strategic Nonprofit Financial Management by G. Mitchell. What did the author describe as one of the most important...
-
Read Fiscal Leanness and Fiscal Responsiveness: Exploring the Normative Limits of Strategic Nonprofit Financial Management by G. Mitchell. What did Mitchell?s study of the application of lean...
-
I have made payments $118 and another payment of $29.00 dollars on this account but when I went to view test is requesting more money for unlocks. Could some ne please speak to this issue.
-
Setting standards for the amount of labor per unit of service is known as: A. A productivity standard B. Overhead C. An efficiency standard D. A per unit or service investment
-
put this in 6 paragraphs by comparing 2016 and 2017 , in terms of its Liquidity, Solvency, Turnover, Profitability, and Market Values by analyzing the calculated ratios. How has the firm's...
Study smarter with the SolutionInn App