Which of the Following Is Not True Regarding Expenditures for Improvements

Multiple Choice

Which of the following is not true regarding expenditures for improvements?

A) Improvements are sometimes called betterments.
B) Improvements may increase an asset's performance by increasing the service life.
C) Improvements may increase an asset's performance by reducing the operating costs.
D) Improvements may increase an asset's performance by increasing the rate of output.
E) When the firm makes the expenditure for improvements, it recognizes the cost of the improvement by debiting the Improvement Expense account.