1. The percentage-of-receivables approach of estimating uncollectible accounts by taking historical uncollectable % per past A/R aging buckets and applying them to current A/R Aging buckets

   True

   False

2. Cost of equipment does not include costs of conducting trial runs

   True

   False

3. Cost of buildings could include professional fees and building permits

   True

   False

4. Property, plant and equipment is to be used in operations and for resale.

   True

   False