Capital Asset Management | University Procurement and Logistics (2024)

Capitalizing costs

MSU follows generally accepted accounting principles (GAAP), which allow for the capitalization of costs that are normal and necessary for the asset to be used for its intended purpose.

Costs that can be capitalized

Costs that can be capitalized include costs associated with receiving the capital asset and placing it into service. In addition to the cost of the asset itself—and any functionality-adding parts, in the case of an asset system—capitalized costs can include: freight charges, shipping and handling, customs fees, installation and setup fees, site preparation costs, and installation fees.

Capital Asset Management | University Procurement and Logistics (1)

Costs that cannot be capitalized

Certain costs are not allowed to be capitalized and should not be considered part of the acquisition cost of a capital asset, even though they may seem necessary. This includes maintenance plans and warranties, software licenses, training costs, operating supplies and consumables, and project personnel salaries.

Capital Asset Management | University Procurement and Logistics (2)

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  65. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  66. Installation and Setup Fees: Expenses tied to the assembly and*Freight Charges:** The expenses associated with transporting the capital asset to its destination.

  67. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  68. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  69. Installation and Setup Fees: Expenses tied to the assembly and configurationFreight Charges:** The expenses associated with transporting the capital asset to its destination.

  70. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  71. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  72. Installation and Setup Fees: Expenses tied to the assembly and configuration ofreight Charges:** The expenses associated with transporting the capital asset to its destination.

  73. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  74. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  75. Installation and Setup Fees: Expenses tied to the assembly and configuration of theght Charges:** The expenses associated with transporting the capital asset to its destination.

  76. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  77. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  78. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital assetCharges:** The expenses associated with transporting the capital asset to its destination.

  79. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  80. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  81. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset. 5harges:** The expenses associated with transporting the capital asset to its destination.

  82. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  83. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  84. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  85. can The expenses associated with transporting the capital asset to its destination.

  86. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  87. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  88. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  89. **Sitee expenses associated with transporting the capital asset to its destination.

  90. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  91. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  92. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  93. **Site Preparationes associated with transporting the capital asset to its destination.

  94. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  95. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  96. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  97. **Site Preparation Costsssociated with transporting the capital asset to its destination.

  98. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  99. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  100. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  101. Site Preparation Costs:sociated with transporting the capital asset to its destination.

  102. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  103. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  104. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  105. Site Preparation Costs: Expendiated with transporting the capital asset to its destination.

  106. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  107. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  108. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  109. Site Preparation Costs: Expenditurested with transporting the capital asset to its destination.

  110. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  111. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  112. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  113. Site Preparation Costs: Expenditures associatedd with transporting the capital asset to its destination.

  114. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  115. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  116. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  117. Site Preparation Costs: Expenditures associated withransporting the capital asset to its destination.

  118. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  119. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  120. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  121. Site Preparation Costs: Expenditures associated with preparingporting the capital asset to its destination.

  122. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  123. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  124. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  125. Site Preparation Costs: Expenditures associated with preparing the locationg the capital asset to its destination.

  126. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  127. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  128. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  129. Site Preparation Costs: Expenditures associated with preparing the location forpital asset to its destination.

  130. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  131. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  132. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  133. Site Preparation Costs: Expenditures associated with preparing the location for thetal asset to its destination.

  134. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  135. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  136. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  137. Site Preparation Costs: Expenditures associated with preparing the location for the asset'sset to its destination.

  138. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  139. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  140. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  141. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation to its destination.

  142. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  143. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  144. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  145. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation. nation.

  146. Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  147. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  148. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  149. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation. 6Shipping and Handling: Costs related to the physical transportation and delivery of the asset.

  150. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  151. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  152. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation. 6.pping and Handling:** Costs related to the physical transportation and delivery of the asset.

  153. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  154. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  155. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  156. InstallationHandling: Costs related to the physical transportation and delivery of the asset.

  157. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  158. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  159. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  160. Installation Feesling: Costs related to the physical transportation and delivery of the asset.

  161. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  162. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  163. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  164. Installation Fees:Costs related to the physical transportation and delivery of the asset.

  165. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  166. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  167. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  168. Installation Fees: Chargessts related to the physical transportation and delivery of the asset.

  169. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  170. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  171. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  172. Installation Fees: Charges for the asset the physical transportation and delivery of the asset.

  173. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  174. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  175. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  176. Installation Fees: Charges for the actual installationphysical transportation and delivery of the asset.

  177. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  178. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  179. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  180. Installation Fees: Charges for the actual installation of transportation and delivery of the asset.

  181. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  182. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  183. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  184. Installation Fees: Charges for the actual installation of thetransportation and delivery of the asset.

  185. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  186. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.

  187. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  188. Installation Fees: Charges for the actual installation of the asset.

ortation and delivery of the asset.

  1. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.
  2. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  3. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  4. Installation Fees: Charges for the actual installation of the asset.

Understandingon and delivery of the asset.

  1. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.
  2. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  3. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  4. Installation Fees: Charges for the actual installation of the asset.

Understanding andivery of the asset.

  1. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.
  2. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  3. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  4. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriatelyy of the asset.

  1. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.
  2. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  3. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  4. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorthe asset.

  1. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.
  2. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  3. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  4. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing theseasset.

  1. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.
  2. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  3. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  4. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs.

  1. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.
  2. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  3. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  4. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is. Customs Fees: Charges incurred during the customs clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamentalCustoms Fees:** Charges incurred during the customs clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSs Fees:** Charges incurred during the customs clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to** Charges incurred during the customs clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAPharges incurred during the customs clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensuress incurred during the customs clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurateduring the customs clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financiale customs clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reportingtoms clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

s clearance process for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

** charges,ss for internationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

**Costternationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

**Costsationally sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

**Costs Ex sourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

**Costs Excludedsourced assets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

**Costs Excluded from Capitalassets.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

**Costs Excluded from Capitalizations.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

**Costs Excluded from Capitalization:.

  1. Installation and Setup Fees: Expenses tied to the assembly and configuration of the capital asset.
  2. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: lation and Setup Fees:** Expenses tied to the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equon and Setup Fees:** Expenses tied to the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important Setup Fees:** Expenses tied to the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important isp Fees:** Expenses tied to the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the Fees:** Expenses tied to the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of:** Expenses tied to the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs tied to the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs thatto the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannoto the assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot bee assembly and configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalizedd configuration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GA.

4ration of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSation of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSUon of the capital asset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercisesality-Addingset.

  1. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence. Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in Site Preparation Costs: Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishingSite Preparation Costs:** Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excludingte Preparation Costs:** Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain Preparation Costs:** Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costseparation Costs:** Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs fromation Costs:** Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from thests:** Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition:** Expenditures associated with preparing the location for the asset's installation.

  1. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized Expenditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized. ditures associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized. 2,associated with preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized. 2.h preparing the location for the asset's installation.
  2. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. ** preparing the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. **Softwarering the location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. **Software Liche location for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. **Software Licensesocation for the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: the asset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costsasset's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associatedet's installation.
  3. Installation Fees: Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with capitalized costs.*Installation Fees:** Charges for the actual installation of the asset.

Understanding and appropriately categorizing these costs is fundamental to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  2. Software Licenses: Costs associated with acquiring components enhance the operational capabilities or features of the asset.

  3. Costs that cannot be Capitalized:

    • Despite theirtal to MSU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with acquiring softwareU's adherence to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with acquiring software licensesnce to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with acquiring software licenses arece to GAAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with acquiring software licenses are consideredAP and ensures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with acquiring software licenses are considered separate from areures accurate financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlyingte financial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset. 3nancial reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.
  2. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  3. **Training Costsl reporting.

Costs Excluded from Capitalization: Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  2. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  3. Training Costs: Expenses related. These includeded from Capitalization:** Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  4. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  5. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  6. Training Costs: Expenses related to training personnel onitalization:** Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  7. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  8. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  9. Training Costs: Expenses related to training personnel on theation:** Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  10. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  11. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  12. Training Costs: Expenses related to training personnel on the usen:** Equally important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  13. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  14. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  15. Training Costs: Expenses related to training personnel on the use of, important is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  16. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  17. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  18. Training Costs: Expenses related to training personnel on the use of the assett is the recognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  19. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  20. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  21. Training Costs: Expenses related to training personnel on the use of the asset arerecognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  22. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  23. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  24. Training Costs: Expenses related to training personnel on the use of the asset are notecognition of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  25. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  26. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  27. Training Costs: Expenses related to training personnel on the use of the asset are not capitalizedn of costs that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  28. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  29. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  30. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized. osts that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  31. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  32. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  33. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized. 4sts that cannot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  34. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  35. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  36. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized. 4.annot be capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  37. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  38. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  39. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  40. **capitalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  41. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  42. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  43. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  44. **Operatingtalized under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  45. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  46. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  47. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  48. **Operating Supplies under GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  49. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  50. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  51. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  52. **Operating Supplies and Consumr GAAP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  53. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  54. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  55. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  56. Operating Supplies and Consumables: These ongoing operational andP. MSU exercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  57. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  58. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  59. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  60. Operating Supplies and Consumables: These ongoing operational expensesxercises diligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  61. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  62. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  63. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  64. Operating Supplies and Consumables: These ongoing operational expenses areiligence in distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  65. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  66. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  67. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  68. Operating Supplies and Consumables: These ongoing operational expenses are notin distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  69. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  70. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  71. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  72. Operating Supplies and Consumables: These ongoing operational expenses are not partn distinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  73. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  74. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  75. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  76. Operating Supplies and Consumables: These ongoing operational expenses are not part ofinguishing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  77. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  78. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  79. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  80. Operating Supplies and Consumables: These ongoing operational expenses are not part of thehing and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  81. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  82. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  83. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  84. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital and excluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  85. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  86. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  87. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  88. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition costluding certain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  89. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  90. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  91. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  92. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost. ain costs from the acquisition cost of a capital asset. These non-capitalizable costs include:

  93. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  94. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  95. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  96. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost. 5 ares from the acquisition cost of a capital asset. These non-capitalizable costs include:

  97. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  98. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  99. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  100. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  101. **om the acquisition cost of a capital asset. These non-capitalizable costs include:

  102. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  103. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  104. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  105. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  106. **Project insition cost of a capital asset. These non-capitalizable costs include:

  107. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  108. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  109. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  110. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  111. **Project Personnelon cost of a capital asset. These non-capitalizable costs include:

  112. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  113. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  114. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  115. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  116. **Project Personnel Salaries capital asset. These non-capitalizable costs include:

  117. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  118. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  119. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  120. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  121. Project Personnel Salaries:tal asset. These non-capitalizable costs include:

  122. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  123. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  124. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  125. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  126. Project Personnel Salaries: Despite asset. These non-capitalizable costs include:

  127. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  128. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  129. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  130. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  131. Project Personnel Salaries: Despite beingsset. These non-capitalizable costs include:

  132. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  133. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  134. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  135. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  136. Project Personnel Salaries: Despite being integralese non-capitalizable costs include:

  137. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  138. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  139. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  140. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  141. Project Personnel Salaries: Despite being integral ton-capitalizable costs include:

  142. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  143. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  144. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  145. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  146. Project Personnel Salaries: Despite being integral to projectapitalizable costs include:

  147. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  148. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  149. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  150. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  151. Project Personnel Salaries: Despite being integral to project executioncosts include:

  152. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  153. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  154. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  155. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  156. Project Personnel Salaries: Despite being integral to project execution,s include:

  157. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  158. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  159. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  160. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  161. Project Personnel Salaries: Despite being integral to project execution, salariesude:

  162. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  163. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  164. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  165. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  166. Project Personnel Salaries: Despite being integral to project execution, salaries of:

  167. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  168. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  169. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  170. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  171. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel1. Maintenance Plans and Warranties: Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  172. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  173. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  174. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  175. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel workingaintenance Plans and Warranties:** Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  176. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  177. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  178. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  179. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working onPlans and Warranties:** Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  180. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  181. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  182. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  183. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project arens and Warranties:** Although essential, the ongoing maintenance and warranty expenses are not capitalized.

  184. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  185. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  186. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  187. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not for organizationsugh essential, the ongoing maintenance and warranty expenses are not capitalized.

  188. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  189. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  190. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  191. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalizedssential, the ongoing maintenance and warranty expenses are not capitalized.

  192. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  193. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.

  194. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.

  195. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

ntial, the ongoing maintenance and warranty expenses are not capitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

Bytial, the ongoing maintenance and warranty expenses are not capitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulouslyl, the ongoing maintenance and warranty expenses are not capitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhergoing maintenance and warranty expenses are not capitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adheringntenance and warranty expenses are not capitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering toance and warranty expenses are not capitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these financial recordsare not capitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelinesre not capitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSpitalized.

  1. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.
  2. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  3. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  4. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU2. Software Licenses: Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensuresSoftware Licenses:** Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures thecenses:** Costs associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracyCosts associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy ands associated with acquiring software licenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliabilitywith acquiring software licenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability ofiring software licenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of itstware licenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of its financialicenses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of its financial statements, providingnses are considered separate from the capitalization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of its financial statements, providing stakeholders allocation and financial managementization of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of its financial statements, providing stakeholders withzation of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of its financial statements, providing stakeholders with a clear andzation of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of its financial statements, providing stakeholders with a clear and transparentzation of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of its financial statements, providing stakeholders with a clear and transparent viewzation of the underlying asset.

  1. Training Costs: Expenses related to training personnel on the use of the asset are not capitalized.
  2. Operating Supplies and Consumables: These ongoing operational expenses are not part of the capital acquisition cost.
  3. Project Personnel Salaries: Despite being integral to project execution, salaries of personnel working on the project are not capitalized.

By meticulously adhering to these guidelines, MSU ensures the accuracy and reliability of its financial statements, providing stakeholders with a clear and transparent view of the organization's financial health. This commitment to GAAP principles reflects MSU's dedication to sound financial management and reporting practices.

Capital Asset Management | University Procurement and Logistics (2024)
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