Which of the following should be included in the acquisition cost of a piece of equipment?
A)Transportation costs
B)Installation costs
C)Testing costs prior to placing the equipment into production
D)All of these

Question

Quizplus · Accepted Answer

The acquisition cost of a piece of equipment should include all costs that are necessary to bring the equipment into service. This includes transportation costs, installation costs, and testing costs prior to placing the equipment into production. Therefore, choice D, which includes all of these costs, is the correct answer.

Which of the Following Should Be Included in the Acquisition