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    Essentials of Accounting Study Set 3
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    Exam 8: Government-Wide Statements: Capital Assets; Long-Term Debt
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    When Using the Modified Approach to Account for Infrastructures, Expenditures
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When Using the Modified Approach to Account for Infrastructures, Expenditures

Question 104

Question 104

True/False

When using the modified approach to account for infrastructures, expenditures to extend the life of the infrastructure assets are not capitalized.

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