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Which entity may change accounting policies for exploration

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Reference no: EM132756988

Problem 1: According to PFRS#6, an entity may change its accounting policies for exploration and evaluation expenditures if,

a) the change makes the financial statements more relevant and more reliable

b) the PFRS do not prohibit the change

c) the change makes the financial statements more relevant and no less reliable, or more reliable and no less relevant.

d) a or b

Reference no: EM132756988

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