The cost of replacing a major component on a piece of equipment is an example of:
A)Repairs and maintenance.
B)Improvements.
C)Additions.

Name: The cost of replacing a major component on a piece of equipment is an example of: A)Repairs and maintenance. B)Improvements. C)Additions.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Replacing a major component on a piece of equipment typically extends its useful life or improves its functionality, which is considered an improvement rather than a simple repair or maintenance task.

The Cost of Replacing a Major Component on a Piece