Safari File Edit View History Bookmarks Window Help canvashi

Safari File Edit View History Bookmarks Window Help canvas.highline.edu 3 pts | Question 35 If an asset benefits the organization for more than one period its costs should be capitalized. True False D Question 36 2 pts costs that benefit an organization in the current period only should be expensed °True False 12

Solution

Q35. Answer is TRUE It should be capitalised and amortized annually during the period of benefit Q36. Answer is TRUE.