Your company purchases a garbage receptacle $($$$10)$ that it will use over the next $10$ years. Should it treat this transaction as a capital equipment purchase?

Question $5$ options:

No$,$ the cost of the item is immaterial.

Yes, or else the firm risks being non$-$GAAP compliant.

No$,$ unless the company is a transnational organization that employs greater than $10,000$ people.

Yes, as the company would like to take advantage of the depreciation expense.