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Exam Question

Which of the following statements is/are false?

  • 1. Pre-operative expenses are allocated only to depreciable assets
  • 2. Cost of land and site development costs go together
  • 3. Margin money for working capital is included under cost of capital
  • 4. Contingency need to be provided for all assets both already purchased and yet to be purchased
  • 5. All of (a), (b) and (c) above.

View Answer

Answer 5. All of (a), (b) and (c) above.

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