Expenditure on existing property, plant and equipment may be capitalized (recognized as an increase to the carrying amount of the asset): Choices: only if the service potential of the asset is...




Expenditure on existing property, plant and equipment may be capitalized (recognized as an increase to the carrying amount of the asset):



Choices:





only if the service potential of the asset is improved.






only if the useful life of the asset is extended.







if the cost is material.







If the cost is immaterial and the asset has not been fully depreciated.






Jun 10, 2022
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