Which of the following would NOT be affected by an accounting policy change involving the capitalisation of some repairs expenses?

Name: Which of the following would NOT be affected by an accounting policy change involving the capitalisation of some repairs expenses?
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Question

Quizplus · Accepted Answer

Liabilities would not be directly affected by a change in accounting policy regarding the capitalisation of repairs expenses, as this change primarily impacts the classification between expenses and assets, and subsequently net profit.

Which of the Following Would NOT Be Affected by an Accounting