All of the following are true about the modified approach to infrastructure depreciation except. Multiple Choice O If specific guidelines are met, a government can choose to expense all maintenance costs each year in lieu of recording depreciation. The modified approach specifically excludes infrastructure assets within a network or subsystem of a network. O If specific guidelines are met, additions and improvements must be capitalized. For eligible assets, the government must establish a minimum acceptable condition level. The government must have an asset management system in place to monitor the eligible assets