Which of the Following Is Not True Regarding Infrastructure Assets

question 135

Multiple Choice

Which of the following is not true regarding infrastructure assets?

• A) Governments can record depreciation in the same manner as for other depreciable fixed assets.
• B) Infrastructure assets are never depreciated.
• C) Governments can choose to expense expenditures that extend the life of infrastructure assets.
• D) Expenditures to add to or improve infrastructure assets must be capitalized.

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