Which of the Following Costs Associated with a Delivery Van

question 164

Multiple Choice

Which of the following costs associated with a delivery van should NOT be capitalized?

• A)The van's engine is overhauled,and this will extend the useful life by five years.
• B)The van is modified so it can be used for multiple purposes in the business.
• C)The van is repainted after 4 years of use.
• D)All of the above items should be capitalized.

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