The cost of an item of property, plant and equipment includes the purchase price, directly attributable costs such as freight and taxes paid, costs of dismantling and removing the item at the end of its useful life, and costs of restoring the site on which the item is located at the end of its useful life.

1. The cost of an item of property, plant and equipment includes all of the following:
I. Purchase Price
II. Directly attributable costs such as freight and taxes paid.
III. Costs of dismantling and removing the item at the end of its useful life.
IV. Costs of restoring the site on which the item is located at the end of its useful life.
Question 8 options:
A)
I and II only;
B)
I, II, III and IV
C)
I, II, and III only
D)
I and III only;
A)
I and II only;
B)
I, II, III and IV

2. C)
I, II, and III only
D)
I and III only;