nvestments in parks, resorts and other property be considered as capital expend
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Would investments in parks, resorts and other property be considered as capital expenditures?
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- acquiring capital assets for future use is one type of capital expenditure proposal. true or falseWhich of the following would be considered a general capital asset? Select one: a. Real estate purchased with the assets of a pension trust fund. b. A vehicle purchased from General Fund revenues. c. A vehicle purchased and maintained by an enterprise fund. d. A computer purchased from revenues of an internal service fund and used by the supplies department.Which of the following is an example of a capital expenditure? Select all that apply A- New equipment B- Employee salaries C- Computer software D- Repair and renovation costs
- Why is it important to consider the cost of long-term capital expenditures when they reside on the balance sheet?What kind of activities typically have the greatest impact on property values? a.Federal b.Local c.Stock market d.Global marketthe purchase price of the property was $? how much does it cost to finance?
- How are capital expenditures made to improve the quality of a capital asset accounted for? Would the answer change if the expenditure extended the life of the asset but did not improve quality? Explain.Which of the following is a criterion for a capital expenditure? a.It should increase the productive life or capacity of an asset.b.It must be significant in amount.c.It should benefit several periods.d.All of these are criteria for a capital expenditure.Is accounting for the tax effects on project cash flows worth the effort? Please discuss and justify your answer.
