Which of the Following Is Not True of Ordinary Repairs

question 83

Multiple Choice

Which of the following is not true of ordinary repairs?

• A)They primarily benefit the current accounting period.
• B)They can be referred to as revenue expenditures.
• C)They maintain the expected productive life of the asset.
• D)They increase the productive capacity of the asset.

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Definitions:

Replenished

The process of refilling or restocking items to their required or previous level, often used in inventory and supply chain management.

Office Supplies

Consumable items used in offices or businesses for daily operations, such as stationery, printer ink, and cleaning supplies.

Postage

The cost associated with mailing items via the postal service, determined by the size, weight, and destination of the item.

Monthly Cash Expenses

The total of all cash outflows or expenditures that a company or individual incurs within a month.