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goji.go goji.go
wrote...
Posts: 5977
9 years ago
What is the rule regarding depreciation of federal capital assets classified as general property plant and equipment (General PP&E)?
      a.   All General PP&E is capitalized and depreciated.
      b.   General PP&E is capitalized and depreciated only for federal business-type activities.
      c.   All General PP&E is expensed at the time of acquisition.
      d.   Federal agencies have the option of depreciating or not depreciating General PP&E.
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3 Replies
Diesel
Replies
Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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