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:

Sample Size

Pertains to the count of items or participants chosen from a larger group for statistical examination.

Population

The total set of observations or elements from which samples can be drawn for statistical analysis.

Random Number Table

A table consisting of sequences of numbers generated in a random fashion, used for random sampling and simulation in statistical analysis.

Random Number Generator

An algorithm or device designed to produce a sequence of numbers or symbols that cannot be reasonably predicted better than by random chance.