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Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. For each of the

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Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. For each of the following items, indicate whether each would be treated as capital expenditure or revenue expenditure. (Choices may be used more than once.) Clear All Costs incurred prior to using the asset, such as installation and other costs to prepare the asset for use. capital expenditure Costs related to acquiring an asset, such as sales or excise taxes, transportation, insurance during shipment. revenue expenditure Costs incurred after putting the asset into service which keep the asset in normal operating condition Costs incurred after putting the asset into service which would extend the asset's useful life

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