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Stella [2.4K]
3 years ago
14

Which of the following should be included in the acquisition cost of a piece of equipment?

Business
1 answer:
topjm [15]3 years ago
6 0

Answer: All of these choices are correct.

Explanation:

You didn't give the options to the question. The options include:

testing costs prior to placing the equipment into production

transportation costs

installation costs

All of these choices are correct.

Acquisition cost, is the total cost that is recognized by a company on its books for the purchase of an asset. These costs include the transportation cost, installation cost, shipping cost, testing costs, sales taxes, customs fees, etc.

Therefore, based on the explanation, the correct option is All of the choices are correct.

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Taggart Transcontinental currently has a bank loan outstanding that requires it to make three annual payments at the end of the
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