Asked by Maria Puisseau on May 23, 2024
Verified
The cost of replacing an engine in a truck is an example of ordinary maintenance.
Ordinary Maintenance
Routine upkeep and repair of equipment and facilities to keep them in their original condition without significantly enhancing their value or extending their life.
- Comprehend the treatment of ordinary maintenance versus improvement expenditures.
Verified Answer
AG
Alexia GordonMay 24, 2024
Final Answer :
False
Explanation :
The cost of replacing an engine in a truck is not considered ordinary maintenance as it is a significant repair or replacement expense. Ordinary maintenance typically includes routine tasks such as changing oil or replacing brake pads.
Learning Objectives
- Comprehend the treatment of ordinary maintenance versus improvement expenditures.