TeachMeFinance.com - explain PPE, additions to
PPE, additions to The term 'PPE, additions to' as it applies to the area of energy can be defined as ' The current year's expenditures on property, plant, and equipment (PPE). The amount is predicated upon each reporting company's accounting practice. That is, accounting practices with regard to capitalization of certain items may differ across companies, and therefore this figure in FRS (Financial ReportingSystem) will be a function of each reporting company's policy'.
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