- 搜标题
- 搜题干
- 搜选项
单项选择题
The following two issues relate to SpiKo Co's mining activities:
The following two issues relate to SpiKo Co's mining activities:
Issue 1: Spiko Co began operating a new mine in January 20X3 under a five-year government licence which required Spiko Co to landscape the area after mining ceased at an estimated cost of 
1,000,000.
In accordance with IAS 37 Provisions, Contingent Liabilities and Contingent Assets, which of the following statements is correct in respect of Spiko Co's financial statements for the year ended 31 December 20X4?
A．Issue 1 requires disclosure only and issue 2 should be ignored
B．A provision is required for the cost of issue 1 but issue 2 requires disclosure only
C．Both issues 1 and 2 require disclosure only
D．A provision is required for the cost of both issues 1 and 2
B．A provision is required for the cost of issue 1 but issue 2 requires disclosure only
C．Both issues 1 and 2 require disclosure only
D．A provision is required for the cost of both issues 1 and 2
