Ordinary Repairs Meet All of the Following Criteria Except

question 207

Multiple Choice

Ordinary repairs meet all of the following criteria except:

• A) Are necessary if an asset is to perform to expectations over its useful life.
• B) Include cleaning, lubricating, and normal adjusting.
• C) Extend the useful life of an asset beyond its original estimate.
• D) Are treated as expenses.
• E) Are expenditures to keep an asset in normal operating condition.

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