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The capital cost of an asset includes a number of costs. Indicate which cost would NOT be considered part of the capital cost. Question 3

The capital cost of an asset includes a number of costs. Indicate which cost would NOT be considered part of the capital cost.

Question 3 options:

Legal fees incurred to acquire the asset.

Fire and theft insurance paid on the asset.

An appropriate allocation of overhead.

Duties paid on the asset.

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