Term
| What are the two types of operational assets? |
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Definition
| The two types are property,plant, and equipment. The other types is intagible assets. |
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Term
| Name two assets that are in the property, plant, and equipment category? |
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Definition
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Term
| Name two intagible assets? |
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Definition
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Term
| What are operational assets? |
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Definition
| Property, plant, and equipment along with intangible assets. |
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Term
| What are acquisition costs? |
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Definition
| The amounts paid to acquire the rights to explore for undiscovered natural resources ot to extract proven natural resources. |
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Term
| What are exploration costs? |
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Definition
| For natural resources, expenditures such as drilling a well, or excavating a mine, or any other costs of searching for natural resouces. |
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