A Government May Avoid Charging Depreciation on Infrastructure Assets If

question 4

Multiple Choice

A government may avoid charging depreciation on infrastructure assets if:

• A)the governmental unit can demonstrate they have incurred costs to preserve the assets at or above a conditional level.
• B)the asset is not expected to be replaced.
• C)the asset has a useful life of less than five years.
• D)the asset will be replaced within five years.

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Definitions:

Substance Use

The consumption of drugs, alcohol, or other chemicals, which can range from casual use to substance abuse and dependence.

Early Adulthood

A developmental stage ranging approximately from the late teens or early twenties to the thirties, marking the transition from adolescence to full-fledged adulthood.

Abuse

The maltreatment of a person or animal, which can be physical, emotional, sexual, or neglect, leading to harm or suffering.

Jeffrey Arnett

A psychologist known for his research on emerging adulthood, a developmental stage between adolescence and full-fledged adulthood.