Subsequent capital expenditures

Name: Subsequent capital expenditures
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Subsequent capital expenditures can refer to expenditures that make property, plant, and equipment assets more efficient, which would fall under choice A. They are often called improvements and would fit under choice B. These expenditures are added to the cost of the asset, as noted in choice C. Finally, they often extend an asset's useful life, which is covered by choice D. Therefore, all of these options are correct.

Subsequent Capital Expenditures