The cost of land includes the cost of fencing the property and paving the parking lot on the land.

Name: The cost of land includes the cost of fencing the property and paving the parking lot on the land.
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Quizplus · Accepted Answer

The cost of land typically includes the purchase price and any costs directly associated with acquiring the land, but not improvements like fencing or paving, which are considered separate capital expenditures.

The Cost of Land Includes the Cost of Fencing the Property