Question: Which statement is false ? If a company wants to drill in the Gulf of America, they must always obtain a permit from the U

Which statement isfalse?
If a company wants to drill in the Gulf of America, they must always obtain a permit from the U.S. Geological Survey.
A detailed G&G survey covers a smaller area than a reconnaissance survey.
FASB says G&G costs should be expensed as incurred.
In modern leases there may be no delay rental payments.
All of the above are true.

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