What Is the General Principle for Capitalizing Costs to Property

What is the general principle for capitalizing costs to property, plant and equipment?

A) All costs, which will provide a benefit beyond one year, are capitalized.
B) Only depreciable costs are capitalized.
C) All costs associated with the acquisition or construction of a plant asset are capitalized.
D) All costs incurred to bring the item to its intended condition and location are capitalized.
E) All costs relevant to the acquisition and long-term maintenance of a plant asset are capitalized.

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