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A characteristic of capital expenditures is that the expenditures occur frequently TRUE OR FALSE: 1. A characteristic of capital expenditures is that the expenditures occur frequently during the period of ownership. 2. Once an asset is fully amortized, no additional amortization can be taken even though the asset is still being used by the business. 3. The fair market value of a capital asset is always the same as its net book value. 4. If the proceeds from the sale of a capital asset exceed its net book value, a gain on disposal occurs. 5. If management’s objective is to report the lowest net income, it would use the doubledeclining-balance method of amortization. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

A characteristic of capital expenditures is that the expenditures occur fre

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