The Treatment of Repairs and Additions to Property,plant and Equipment

Multiple Choice

The treatment of repairs and additions to property,plant and equipment can be best described as:

A) written off as incurred.
B) capitalised when it maintains a certain level of service.
C) capitalised when the asset's estimated useful life is extended.
D) None of the given answers.
E) capitalised when it maintains a certain level of service and capitalised when the asset's estimated useful life is extended.