Governments may choose the modified approach,whereby they are not required to record depreciation on general capital assets.

Name: Governments may choose the modified approach,whereby they are not required to record depreciation on general capital assets.
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Question

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Under the modified approach, governments elect not to record depreciation of infrastructure assets if certain requirements are met. Depreciation is recorded for general capital assets other than infrastructure assets.

Governments May Choose the Modified Approach,whereby They Are Not Required