Installation costs are recorded as part of the cost of equipment.

Name: Installation costs are recorded as part of the cost of equipment.
Brand: Quizplus
Rating: 4.9 (48 reviews)

Question

Quizplus · Accepted Answer

Installation costs are considered part of the cost of equipment because they are necessary to get the equipment up and running. These costs include expenses for assembly, testing, and any modifications needed to get the equipment operational. Therefore, they should be included in the overall cost of the equipment rather than expensed separately.

Installation Costs Are Recorded as Part of the Cost of Equipment