Question: If a government reports eligible infrastructure assets using the modified approach, A. Complete condition assessments must be performed annually. B. No depreciation expense is required

If a government reports eligible infrastructure assets using the modified approach,
A. Complete condition assessments must be performed annually.
B. No depreciation expense is required to be recognized.
C. Expenditures for the assets are capitalized.
D. The assets are not being preserved at or above the established and disclosed condition level.

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