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U.S. GAAP capitalizes expenditures to upgrade long-lived assets when the expenditure causes any of the following conditions except: O The efficiency of the asset is
U.S. GAAP capitalizes expenditures to upgrade long-lived assets when the expenditure causes any of the following conditions except: O The efficiency of the asset is increased. O There is an increase in the non-economic benefits associated with owning the asset (such as an increase in the appearance of the company's offices). O The useful life of the asset is extended. O The capacity of the asset is increased
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