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Which is true regarding assets classified as infrastructure by a government? a. These assets should never be depreciated b. Costs incurred to maintain these assets
Which is true regarding assets classified as infrastructure by a government? a. These assets should never be depreciated b. Costs incurred to maintain these assets should be recorded as expenditures as incurred c. If the modified approach is chosen for these assets, they are not capitalized d. If the modified approach is chosen for these assets, both initial costs and costs of preserving and extending the life of these assets are capitalized
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