Multiple Choice
Ordinary repairs meet all of the following criteria except:
A) Are expenditures to keep an asset in normal operating condition.
B) Are necessary if an asset is to perform to expectations over its useful life.
C) Extend the useful life of an asset beyond its original estimate.
D) Include cleaning,lubricating,and normal adjusting.
E) Are treated as expenses.
Correct Answer:

Verified
Correct Answer:
Verified
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