ACC 304 Experience Tradition / tutorialrank.com ACC 304 Experience Tradition / tutorialrank.com | Page 138

54. In order for a cost to be capitalized( capital expenditure), the following must be present:
a. The useful life of an asset must be increased.
b. The quantity of assets must be increased.
c. The quality of assets must be increased.
d. Any one of these.

54. In order for a cost to be capitalized( capital expenditure), the following must be present:

a. The useful life of an asset must be increased.

b. The quantity of assets must be increased.

c. The quality of assets must be increased.

d. Any one of these.