Question: beda city elects to account for its infrastructure assets using the modified approach. Each of the following is required when using the modified approach, except
beda city elects to account for its infrastructure assets using the modified approach. Each of the following is required when using the modified approach, except
A An asset managment system is maintained to manage the infrastructure assets.
B Infrastructure assets are depreciated over their useful lives.
C Documentation is provided stating that infrastructure assets are preserved at a mininum level established by the government.
D additions and improvement to infrastructure assets are capitalized.
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