Plant assets often require expenditures subsequent to acquisition. it is important that they be accounted for properly. any errors will affect both the balance sheets and income statements for a number of years. for each of the following items, indicate whether the expenditure should be capitalized or expensed in the period incurred. items (a) improvement. (b) replacement of a minor broken part on a machine. (c) expenditure that increases the useful life of an existing asset. (d) expenditure that increases the efficiency and effectiveness of a productive asset but does not increase its salvage value. (e) expenditure that increases the efficiency and effectiveness of a productive asset and increases the asset’s salvage value. (f) expenditure that increases the quality of the output of the productive asset. (g) improvement to a machine that increased its fair market value and its production capacity by 30% without extending the machine’s useful life. (h) ordinary repairs.

What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.

Peppy roaney believes that pizza is a much more versatile dish than most people realize. as the national marketing manager for pizza guys, he observed how consumers were delighted with barbecue pizza, hawaiian pizza, mexican pizza and other unique combinations. his suggestions for other unusual pizzas, however, were met with a negative response by his superiors. even some of his colleagues laughed at his ideas. peppy's confidence in his ability to understand the market has led him to focus on planning a business of his own. peppy realizes that he will take a risk when he leaves his job with pizza guys and embarks upon a new venture: peppy's pizzazzeria. peppy is excited about the potential of profitably catering to the unmet desires of pizza consumers. peppy is confident that peppy's pizzazzeria will be a success, but only if he has enough money to do things right. since peppy has very little personal wealth, he knows he must obtain financial assistance. in order to prepare for meetings with bankers and p

What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.