Which of the Following Costs Generally Would Be Capitalized to a Property

question 20

Multiple Choice

Which of the following costs generally would be capitalized to a property, plant and equipment account?

• A) Interest on debt incurred to purchase the item
• B) Property taxes relating to periods after acquisition
• C) Import duties incurred on purchases
• D) freight-out

---

Definitions:

Late Bloomer

An individual, often a child or adolescent, who develops skills, abilities, or matures later than their peers, but eventually reaches or surpasses expectations.

Types Of Play

Various forms of play classified by their nature and social dynamics, such as solitary play, cooperative play, and competitive play.

Sensorimotor

A stage in Jean Piaget's theory of cognitive development, where infants learn about the world through their senses and motor activities.

Pretense/Symbolic

The act or practice of representing things through symbols, or engaging in behavior that imitates, creates, or signifies something beyond itself, such as in play.