After initial recognition of exploration and evaluation assets, they are measured in the statement of financial position using -Cost model -Either cost model or revaluation model, based on the accounting policy -adopted by the enterprise. -Fair value model -Revaluation model According to PAS 28, Which of the following will not fall under the situation of “existence of significant influence by an investor in the financial and operating policy decisions of the investee but not control of these decisions? -Material intercompany transactions -Power to govern the financial and operating policy decisions of an enterprise so as to obtain benefits from its activities. -Technological dependencies -Participation in policy making process Which of the following is classified under PAS 16 -Property Sold under a Finance Lease Agreement -Investment Property -Property Leased under a Finance Lease Agreement -Machinery Held under a low value Lease Agreement

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