The Expenditure to Modify an Asset So That Its Service

question 65

True/False

The expenditure to modify an asset so that its service potential is improved should be expensed.

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Definitions:

Deprivation

The lack or denial of something considered to be a necessity, such as food, shelter, or emotional comfort.

Physical Needs

Basic requirements necessary for physiological well-being, such as food, water, shelter, and sleep.

Tension

A mental or emotional strain caused by challenging or demanding circumstances.