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CAPITALIZATION POLICY Purpose: This accounting policy establishes the threshold (minimum cost) for capitalization and depreciation of fixed assets. Assets meeting these requirements shall be recorded

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What is capitalization policy - bwgb-bcpabbcomb?

Capitalization policy refers to the guidelines and rules set by a company regarding the threshold for capitalizing assets instead of expensing them.

Who is required to file capitalization policy - bwgb-bcpabbcomb?

All employees and departments involved in the acquisition and maintenance of assets are required to follow the capitalization policy.

How to fill out capitalization policy - bwgb-bcpabbcomb?

The capitalization policy should be filled out by providing the necessary information about the company's guidelines for capitalizing assets and the threshold for capitalization.

What is the purpose of capitalization policy - bwgb-bcpabbcomb?

The purpose of a capitalization policy is to ensure consistency in how assets are treated on the company's financial statements and to prevent misstatement of financial information.

What information must be reported on capitalization policy - bwgb-bcpabbcomb?

The capitalization policy should include details on the company's criteria for capitalizing assets, the threshold amount for capitalization, and any depreciation or amortization methods used.

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