Land improvements should be depreciated over the useful life of the
A)land.
B)buildings on the land.
C)land or land improvements, whichever is longer.
D)land improvements.

Name: Land improvements should be depreciated over the useful life of the A)land. B)buildings on the land. C)land or land improvements, whichever is longer. D)land improvements.
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Question

Quizplus · Accepted Answer

Land improvements are depreciated over their useful life, not the life of the land or buildings on the land. Land itself is not depreciated.

Land Improvements Should Be Depreciated Over the Useful Life of the