Question: 8 . Assets whose value derives from what can be extracted from them. 9 . Periodic cost associated with natural resources. 1 0 . Cost

8 .

Assets whose value derives from what can be extracted from them.

9 .

Periodic cost associated with natural resources.

10 .

Cost of a repair that extends the useful life of a building.

2 .

ACCOUNTING CONNECTION I Assuming the company uses cash for all its expenditures, which of the terms listed above would you expect to see on the income statement? Which ones would not result in an outlay of eash?

8 . Assets whose value derives from what can be

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