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What is the general principle for capitalizing costs to property, plant and equipment? A. All costs, which will provide a benefit beyond one year, are
What is the general principle for capitalizing costs to property, plant and equipment?
A. All costs, which will provide a benefit beyond one year, are capitalized. | ||
B. Only depreciable costs are capitalized. | ||
C. All costs associated with the acquisition or construction of a plant asset are capitalized. | ||
D. All costs incurred to acquire an asset and bring it to its intended condition and location are capitalized. |
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