Costs Incurred to Increase the Operating Efficiency or Useful Life

question 93

Multiple Choice

Costs incurred to increase the operating efficiency or useful life of a plant asset are referred to as

• A) capital expenditures.
• B) expense expenditures.
• C) ordinary repairs.
• D) revenue expenditures.

Calculate and adjust IV drip rates for fluid administration.

Establish goals for patients with fluid and electrolyte imbalances.

Explain the distribution and function of different types of body fluids.

Recognize the signs and interpret the results of acid-base imbalances.

---

Definitions:

Inventory Period

The average time it takes for a company's inventory to be sold and replaced.

Cash Cycle

The duration of time it takes for a company to convert its investments in inventory and other resources into cash flows from sales.

Credit Sales

Transactions where goods or services are sold by a company with payment to be received at a later date.

Operating Cycle

The duration between a company's purchase of inventory and the receipt of cash from accounts receivable.