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NEW QUESTION: 2
Which of the following is the MOST effective method to help ensure information security incidents are reported?
A. Integrating information security language in conditions of employment
B. Integrating information security language in corporate compliance rules
C. Implementing an incident management system
D. Providing information security awareness training to employees
Answer: D

NEW QUESTION: 3
In the successful effort method, oil firms:
I. are required to expense all oil-drilling costs resulting in dry holes.
II. can capitalize drilling costs which result in productive oil wells.
III. are required to capitalize all oil-drilling costs.
IV. are required to expense all oil-drilling costs.
A. II only
B. I & II
C. III & IV
D. I only
Answer: B
Explanation:
Explanation/Reference:
Explanation:
In extractive industries, firms are allowed to use either the full-cost method, in which all search and development costs can be capitalized, or the successful-efforts method, where all such costs are expensed unless they result in revenue-generating assets, in which case, they are capitalized. If an oil drilling firm uses the successful-efforts method, it expenses costs incurred on dry holes and capitalizes those resulting in oil-producing wells.


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