Any cost to get machinery up and running and ready for its intended use should be part of the cost of the asset and depreciated.

Name: Any cost to get machinery up and running and ready for its intended use should be part of the cost of the asset and depreciated.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Any cost incurred to get machinery up and running and ready for its intended use should be capitalized and included in the cost of the asset. It should then be depreciated over the useful life of the asset.

Any Cost to Get Machinery Up and Running and Ready