Question

Additional costs of plant assets that provide benefits extending beyond the current period; they increase or improve the type or amount of service an asset provides are treated as _______.

Answer 1

Answer:

Capital Expenditures

Explanation:

Capital Expenditures -

It is the total amount which is spend on the tangible assets which used for more than an year for the business , is known as capital expenditures .

It is also known as Capex .

It increases the amount of service an

hence , from the question information , the correct term according to the given information is Capital Expenditures .