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Capitalizing Revenue-Based Expenses as Depreciable Assets Will Cause Income to Be

Question 5

Multiple Choice

Capitalizing revenue-based expenses as depreciable assets will cause income to be ____________ in the current period and _______________ in future periods.


A) Understated; overstated
B) Understated; understated
C) Overstated; understated
D) Overstated; overstated

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