1 answer

The cost of new technology added to equipment that reduces operating costs is classified as a/an...

Question:

The cost of new technology added to equipment that reduces operating costs is classified as a/an

Select one:

a. Betterment

b. Repair

c. Depreciation

d. Expense


Answers

Betterment literally means improvement of something, in this case improvement of equipment so in the long run the equipment will generate less operating costs than it used to do previously, thus the answer is:-

a) betterment

.

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