Under GAAP, Which One of the Following Types of Costs

question 42

Multiple Choice

Under GAAP, which one of the following types of costs should not be capitalized?

• A)rearrangements
• B)routine maintenance
• C)replacements
• D)additions

---

Definitions:

Inferential Parameters

Parameters derived from sample data for the purpose of making inferences about the larger population.

Sampling Distribution

The probability distribution of a statistic based on a random sample.

Statistical Inferences

The process of drawing conclusions about population parameters based on a sample.

Probability

The likelihood or chance of an event occurring, expressed as a number between 0 and 1.