Asked by Aeryn Brewer on Jun 15, 2024
Verified
Costs to survey a new piece of land for a new business location
A)Buildings
B)Machinery and equipment
C)Land
D)Land improvements
Land
An asset category representing the ground a company owns, which is not subject to depreciation unlike buildings and equipment.
Survey
A method of gathering information from individuals, typically by asking them a series of questions to obtain data or insights.
- Obtain an understanding of and determine the various expenditures linked to long-held assets.
- Analyze and preserve records of costs involved in securing and bettering permanent assets.
Verified Answer
TG
Learning Objectives
- Obtain an understanding of and determine the various expenditures linked to long-held assets.
- Analyze and preserve records of costs involved in securing and bettering permanent assets.