Question: Which statement is false ? When there are multiple working interest owners, often there will be a separate contract called a joint operating agreement. In

Which statement isfalse?
When there are multiple working interest owners, often there will be a separate contract called a joint operating agreement.
In the United States, a publicly traded company can prepare their financial statements under U.S. GAAP or COPAS pronouncements.
The amortization cost center for a full cost company is a country.
All production/operating costs are expensed by a full cost company.
All are true.

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