A government may elect not to report depreciation expense on which type of exhaustible capital assets?

Name: A government may elect not to report depreciation expense on which type of exhaustible capital assets?
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Qualifying infrastructure capital assets, such as roads, bridges, and public utilities, may be exempt from depreciation reporting if a government adopts a modified approach. This approach requires maintaining the assets at or above a certain condition level, rather than recording depreciation.

A Government May Elect Not to Report Depreciation Expense on Which