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.

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Definitions:

.25"

A measurement typically used to specify margins, padding, or other spacing elements in documents and various types of design and layout work, equal to one-quarter of an inch.

Ruler

A tool used in document editing software to align text, graphics, tables, and other elements on a page.

Tab Key

A keyboard key used to advance the cursor to the next set tab stop, often used in formatting documents.

Rightward

A direction indicating movement toward the right side.