Problem on depreciation of infrastructure


Question: For the depreciation of infrastructure: Multiple Choice Governments can choose to expense expenditures that extend the life of infrastructure assets in lieu of depreciation. Governments are required to record depreciation in the same manner as other depreciable fixed assets. Governments are required to record depreciation using a modified approach. Governments do not record depreciation for infrastructure.

 

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Accounting Basics: Problem on depreciation of infrastructure
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