Which of the Following Must Be Capitalized by a Business

question 61

Multiple Choice

Which of the following must be capitalized by a business?

• A) Replacement of a windshield of a business truck which was broken in an accident.
• B) Repair of a roof of a building used in business.
• C) Amount paid for a covenant not to compete.
• D) Only b. and c. must be capitalized.
• E) a., b., and c. can be expensed rather than capitalized.

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Definitions:

Civil Wars

Conflicts between groups within the same country or state, often over political, social, or ethnic differences.

Confederacy

A union of states or groups united for a common purpose, often used to refer to the 11 southern states that seceded from the United States in 1861-1865.

Birthright Citizenship

The legal right to citizenship for all children born in a country's territory, regardless of parental nationality.

Whiteness

A social and political construct concerning the practices and ideologies that reinforce the power and privilege of white people in society, often at the expense of non-white peoples.