Which of the Following Must Be Capitalized by a Business

question 43

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) Replacement 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:

Empowering Leadership

Implementing conditions that enable power to be shared with employees.

Followers

Individuals who support and are guided by a leader or a belief system, often contributing to the fulfillment of shared objectives.

Vision

The ability to think about or plan the future with imagination or wisdom.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.