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Additions and improvements a occur frequently during the ownership of a long-lived asset. b normally involve immaterial expenditures. c increase the carrying amount of long-lived
Additions and improvements
a | occur frequently during the ownership of a long-lived asset. |
b | normally involve immaterial expenditures. |
c | increase the carrying amount of long-lived assets when incurred. |
d | typically only benefit the current accounting period. |
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