The cost of equipment shall include all costs of acquisition and preparation for use.

Name: The cost of equipment shall include all costs of acquisition and preparation for use.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

The cost of equipment includes not only the purchase price, but also any additional costs incurred to get the equipment ready for use, such as installation and testing. Therefore, all costs of acquisition and preparation for use are included in the cost of equipment.

The Cost of Equipment Shall Include All Costs of Acquisition