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What are the 3 characteristics of an entity's property, plant, and equipment (PPE)? Provide an example of PPE for a company. What does capitalize mean?

  1. What are the 3 characteristics of an entity's property, plant, and equipment (PPE)?
  2. Provide an example of PPE for a company.
  3. What does capitalize mean?
  4. This is the capitalization criteria for a company's PPE: Capitalize all costs ________________ to get the asset ready for its ____________________ ____________________ .
  5. Of all the PPE types, which one is not depreciated?

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