Capitalizing an Expenditure Rather Than Recording It as a Revenue

question 14

Multiple Choice

Capitalizing an expenditure rather than recording it as a revenue expenditure

• A)affects the total book value of plant assets reported on the balance sheet and the amount of net income reported during a period.
• B)affects the total book value of plant assets on the balance sheet, but has no effect on the amount of net income reported during an accounting period.
• C)affects the amount of net income reported during an accounting period, but has no effect on the total book value of plant assets on the balance sheet.
• D)has no effect on the book value of plant assets on the balance sheet or the amount of income reported on the income statement.

---

Definitions:

Behavior Therapists

Specialists who apply principles of learning theory to change maladaptive behaviors and improve emotional responses.

Group Therapy

A type of mental health treatment where one or more therapists treat a group of individuals simultaneously.

Psychotherapists

Professionals who help individuals deal with mental health issues through the application of psychological theories and techniques.

Personal Problems

Issues or challenges that pertain to an individual's personal life, affecting areas such as relationships, health, finances, or emotional well-being.