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Question 25 (1 point) Listen Any cost required to purchase a tangible asset (property, plant, equipment) and bring it to its location of operation should
Question 25 (1 point) Listen Any cost required to purchase a tangible asset (property, plant, equipment) and bring it to its location of operation should be capitalized. True False Question 26 (1 point) Listen When equipment is purchased through the use of long-term financing arrangement, the asset should initially be recorded at the present value of the obligation. True False
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