A betterment does not add to the physical layout of an asset.

Name: A betterment does not add to the physical layout of an asset.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A betterment is an improvement made to an asset that increases its value or extends its life, but it does not necessarily add to the physical layout of the asset. Examples include upgrades to technology or equipment, renovations to improve efficiency or aesthetics, and repairs to fix wear and tear.

A Betterment Does Not Add to the Physical Layout of an Asset