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Expenditures that maintain the operating efficiency and expected productive life of a plant asset are generally
a. expensed when incurred.
b. capitalized as a part of the cost of the asset.
c. debited to the Accumulated Depreciation account.
d. not recorded until they become material in amount.

Respuesta :

Answer:

A. Expensed when incurred.

Explanation:

An incurred expense is basically the cost that are unpaid for. Paid expenses are incurred expenses once you paid for it (Eg credit card).

Expenditures that maintain the operating efficiency and expected productive life of a plant asset are generally expensed when incurred.

What are expenditures?

This is a term that is used to refer to all the spending that is done by a business.

It is the amount that is incurred in the day to day running of the business for the sake of making profit.

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