Which of the following should be included in the acquisition cost of a piece of equipment?
A)installation costs
B)transportation costs
C)testing costs prior to placing the equipment into production
D)all of these

Question

Quizplus · Accepted Answer

All of the options should be included in the acquisition cost of a piece of equipment. Installation, transportation, and testing costs are all necessary expenses that are directly related to acquiring the equipment and putting it into productive use. Therefore, they should be included in the equipment's total cost.

Which of the Following Should Be Included in the Acquisition