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Which of the following factors is important in distinguishing between capital and revenue expenditures? (Points : 4) The expenditure improves the property, adding to the
Which of the following factors is important in distinguishing between capital and revenue expenditures? (Points : 4) |
The expenditure improves the property, adding to the value of the property. The expenditure provides a betterment, adding to the value of the property. The expenditure restores the property. All of the above.
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