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Which of the following is not a requirement that must be met to elect the modified approach to reporting certain eligibl infrastructure assets? Multiple Choice

Which of the following is not a requirement that must be met to elect the modified approach to reporting certain eligibl
infrastructure assets?
Multiple Choice
The government gets the permission of the Government Accounting Standards Board.
The government documents that the eligible infrastructure assets are being preserved approximately at (or
above) the condition level established and disclosed.
The government manages the assets using an asset management system that includes condition assessments
of the assets and summary of results using a measurement scale.
The government manages the assets using an asset management system that includes estimates each year of
the annual amount needed to maintain and preserve the eligible assets at the condition level established and
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