which of the following should be included in the acquisition cost of a piece of equipment?\na transportation…

which of the following should be included in the acquisition cost of a piece of equipment?\na transportation costs\nb installation costs\nc testing costs prior to placing the equipment into production\nd all of these choices

which of the following should be included in the acquisition cost of a piece of equipment?\na transportation costs\nb installation costs\nc testing costs prior to placing the equipment into production\nd all of these choices

Answer

Brief Explanations:

According to accounting principles, the acquisition cost of equipment includes all costs necessary to get the equipment ready for its intended use. Transportation costs (A) are needed to bring the equipment to the location. Installation costs (B) are required to set it up. Testing costs prior to production (C) ensure it functions properly. So all these are part of the acquisition cost.

Answer:

D. all of these choices