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41. A material expenditure that increases the efficiency and effectiveness of a productive asset is a. Capitalized, and reported on the Income Statement b. Expensed,

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41. A material expenditure that increases the efficiency and effectiveness of a productive asset is a. Capitalized, and reported on the Income Statement b. Expensed, and reported on the Income Statement c. Capitalized, and reported on the Balance Sheet d. Expensed, and reported on the Balance Sheet

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