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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › PPE-subsequence cost
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For Subsequent cost to be capitalised an asset that are incurred:
1. Increase Volume of products
2.Increase quality of goods.
3. Increase longtime of using asset.
4. in the residual value of an asset
Question is: So what documents and the standard of the form of documents, who is need to approve that it to prove for 4 criteria above.
Hi,
Again, you are thinking of this from an audit perspective and this isn’t really relevant to the FR exam.
Thanks,
