Aye CorpPurchases a Remote-Site Building for Computer Operations

question 145

Multiple Choice

Aye Corp.purchases a remote-site building for computer operations.The building will be suitable for operations after some necessary expenditures.The wiring must be replaced to handle the computer specifications.The roof is leaking and must be replaced.All rooms must be repainted and re-carpeted and there will also be some updating of the plumbing needed.Which of the following statements is true?

• A)The cost of the building will include the repainting and re-carpeting costs.
• B)The cost of the building will include the cost of replacing the roof.
• C)The cost of the building is the purchase price of the building, while the additional expenditures are all capitalized as Building Improvements.
• D)The wiring replacement will be part of the computer costs, not the building cost.

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Definitions:

Population Density

Population density measures the number of individuals living within a specific area, typically expressed per square kilometer or mile.

Economic Conditions

The state of the economy at a certain time, including factors like inflation, unemployment rates, and GDP growth.

Acculturation

The process of cultural change and psychological change that results following meeting between cultures.

Enculturation

The process by which individuals learn and adopt the values, customs, and norms of their culture.