Zumba Manufacturers decides to expense any asset-related cost below $5,000. Which of the following can be stated about this accounting policy?

Select one:

a. This accounting policy is acceptable as $5,000 is a material figure

b. We cannot say whether or not this policy is acceptable as we don't know the amount of capital assets owned by Zumba

c. This accounting policy is not acceptable as $5,000 is a material figure

d. This accounting policy is not acceptable as $5,000 is a large amount