The cost of replacing a major component on a piece of equipment is an example of:
A) Repairs and maintenance.
B) Improvements.
C) Additions.
D) An expenditure that only benefits the current period.
Answer: B
A) Repairs and maintenance.
B) Improvements.
C) Additions.
D) An expenditure that only benefits the current period.
Answer: B
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.