Costs That Maintain a Plant Asset in Its Present Condition

question 162

Multiple Choice

Costs that maintain a plant asset in its present condition should be ________.Costs that restore a plant asset to working order or its prior condition should be ________.

• A)capitalized;capitalized
• B)capitalized;expensed
• C)expensed;capitalized
• D)expensed;expensed

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Definitions:

Emotional Instability

A personality trait characterized by rapid emotional shifts and difficulty in maintaining a stable mood.

Text Messages

Written messages sent electronically, typically using a mobile phone or computer.

Shy

Feeling nervous or timid in the presence of others, especially in new or unfamiliar situations.

Environments

The surroundings or conditions in which a person, animal, or plant lives or operates.