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The chief financial officer for the Ontario Transportation Capital Corporation was contemplating some of the accounting policies that would apply to his preparation of the Highway 407 Express Toll Route 1997/1998 financial statements. He needed to determine when highway toll revenues and expenses should begin to be recognized, when and how the highway should be capitalized and amortized, and how rehabilitation and maintenance activities should be defined and recorded. All of these decisions needed to be made with the understanding that his decisions must not negatively affect attitudes towards the highway, the government and/or the possible sale of the highway in the near future.