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Additions and improvements to a property, plant, and equipment asset that increase the asset's operating efficiency, productive capacity, or expected useful life, are generally Select
Additions and improvements to a property, plant, and equipment asset that increase the asset's operating efficiency, productive capacity, or expected useful life, are generally
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expensed in the period incurred.
considered to be impairments.
debited to the plant asset affected.
nondepreciable over time.
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