Principles of Account * C et Homework Help With Cheo + /used/attempt quis start frame autod =7764849 Bisprvdc18q79721748cqldbo Time Left:0:10:11 Traun Bassett: Attempt 1 Question 1 (1 point) Saved The depreciable cost of a building is the same as its acquisition cost. 1) True 2) False Question 2 (1 point) Depreciation is the process of allocating the cost of a plant asset to expense at the date of acquisition. True False Question 3 (1 point) Saved The cost of new equipment is called a revenue expenditure because it will help generate revenues in the future. 1) True 2) False