Question: Your Answer Correct Answer Your answer is correct. In general, costs incurred subsequent to an asset's acquisition may be capitalized if future economic benefits are
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Your answer is correct.
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 costbenefit assessment justifies asset capitalization.
any of these situations would justify asset capitalization after acquisition.
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