Additional subsequent expenditures that result in future economic benefits and can be reliably measured should be treated as a(n)

Question

Quizplus · Accepted Answer

Capital expenditures are expenditures that are expected to generate future economic benefits beyond the current accounting period and can be measured reliably. These expenditures are capitalized and recorded as assets on the balance sheet, rather than being immediately recognized as expenses on the income statement.

Additional Subsequent Expenditures That Result in Future Economic Benefits and Can