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    Principles of Taxation
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    Exam 7: Property Acquisitions and Cost Recovery Deductions
  5. Question
    Repair Costs Incurred to Keep a Tangible Asset in Good
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Repair Costs Incurred to Keep a Tangible Asset in Good

Question 9

Question 9

True/False

Repair costs incurred to keep a tangible asset in good working order must be capitalized to the cost of the asset.

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