Which of the Following Must Be Capitalized by a Business

question 61

Multiple Choice

Which of the following must be capitalized by a business?

• A) Replacement of a windshield of a business truck which was broken in an accident.
• B) Repair of a roof of a building used in business.
• C) Amount paid for a covenant not to compete.
• D) Only b. and c. must be capitalized.
• E) a., b., and c. can be expensed rather than capitalized.

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Definitions:

Social Cohesion

The bonds that bring individuals together in a society, fostering a sense of belonging and mutual support.

Immigrants

Individuals who move from one country to another, typically for reasons such as seeking employment, escaping conflict, or improving living conditions.

Deviance

Behaviors or actions that violate social norms or values, which can result in social disapproval or sanction.

Social Norms

Informal understandings that govern the behavior of members of a society, guiding their actions and interactions.