The Modified Approach to Accounting for Infrastructure Assets May Be

Multiple Choice

The modified approach to accounting for infrastructure assets may be utilized by a state or local government if:The government accumulates information about all infrastructure assets within either a network or subsystem of a network.The government capitalizes infrastructure assets.The government expenses costs of maintaining the infrastructure assets.The government chooses to depreciate its infrastructure assets.

A) i and ii.
B) i, ii, and iv.
C) ii and iii.
D) i, ii, and iii.
E) i, ii, iii, and iv.