Which of the following best describes an intangible drilling cost?

A) Tax liability.
B) Labor, fuel, or drilling rig rental.
C) Proven reserve of oil or gas.
D) Exploratory well drilling.

Answer: B) Labor, fuel, or drilling rig rental.

Business

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A) Diversification B) Expected return C) Standard deviation D) Statistics

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Hiring competent employees who are provided ongoing training

A) Can increase risks from accidents and errors B) Can increase the amount of fraud C) Can reduce risks from accidents and errors D) Can reduce an enterprise's risk tolerance

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