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NEW QUESTION: 1
In terms of depletion, percentage depletion is better than cost depletion because it:
A. is limited to production
B. permits recovery of more than the original cost
C. is not subject to recapture
D. is more widely available
Answer: B
Explanation:
permits recovery of more than the original cost. Percentage depletion is only available for
small producing wells.

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A: Reach out to us here ECBA FAQ and drop a message in the comment section with any questions you have related to the ECBA Exam or our content. One of our moderators will assist you.

ECBA Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the ECBA Exam.

ECBA Exam Topics

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ECBA Offcial Page

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Check what resources you have available for studying.

Schedule the ECBA Exam

Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.