9. Ordinary repairs: A) Are known as balance sheet expenditures because they relate to plant assets. B) Are additional costs of plant assets that do not materially increase the asset's life or its productive capabilities. C) Extend the asset's useful life. D) Substantially benefit future periods. E) Are debited to asset accounts when incurred. 10. The difference between the cost of an asset and the accumulated depreciation for that asset is called A) Depreciation Expense B) Unearned Depreciation C) Prepaid Depreciation. D) Depreciation Value E) Book Value. Land improvements are A) Assets that increase the usefulness of land, but that have a limited useful life and are subject to depreciation. B) Expensed in the period incurred. C) Includcd in the cost of the land account. D) Assets that increase the usefulness of land, and like land, are not depreciated. E) Also called basket purchases. 12. Betterments are: A) Revenue expenditures. B) Expenditures making a plant asset more efficient or productive. C) Credited against the asset account when incurred. D) Also called ordinary repairs. E) Always increase an asset's life. 13. The straight-line depreciation method and the double-declining-balance depreciation method A) Producc the same total depreciation over an asset's useful life. B) Produce the same depreciation expense each year C) Produce the same book valuc cach ycar D) Are acceptable for tax purposes only E) Are the only acceptable methods of depreciation for financial reporting