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If a government reports eligible infrastructure assets using the modified approach, A. Complete condition assessments must be performed annually. B. No depreciation expense is required
If a government reports eligible infrastructure assets using the modified approach, | |
A. | Complete condition assessments must be performed annually. |
B. | No depreciation expense is required to be recognized. |
C. | Expenditures for the assets are capitalized. |
D. | The assets are not being preserved at or above the established and disclosed condition level. |
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