please explain why

Practice Question 6 In general, costs incurred subsequent to an asset's acquisition may be capitalized if future economic benefits are expected to result from the expenditure the cost restores the asset to its normal operating efficiency. a cost-benefit assessment justifies asset capitalization. any of the above would justify asset capitalization after acquisition. Practice Question 16 The fair value model for measurement after acquisition is acceptable under IFRS only for buildings and equipment. investment properties. O land. O natural resource properties. Practice Question 4 The cost of a new building should include all of the following except building permits. excavation costs overhead costs incurred during construction Omunicipal property taxes on the completed building for the first year it is occupied