Which of the following should be included in the acquisition cost of a piece of equipment?
A) transportation costs
B) installation costs
C) testing costs prior to placing the equipment into production
D) all of these

Question

Quizplus · Accepted Answer

The acquisition cost of a piece of equipment should include all costs associated with obtaining and preparing the equipment for use, including transportation, installation, and testing costs. These are all necessary expenses that directly relate to the acquisition of the equipment and should be included in the total cost.

Which of the Following Should Be Included in the Acquisition