# ASC 340-10-45: Other Assets and Deferred Costs — Overall — 45 Other Presentation Matters

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/340/10/#45-other-presentation-matters)

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## ASC 340-10-45: 45 Other Presentation Matters

[Read section](https://asc.understandingaccounting.org/asc/340/10/#45-other-presentation-matters)

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#### Classification of Prepaid Expenses

##### [340-10-45-1](https://asc.understandingaccounting.org/asc/340/10/#340-10-45-1)

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See paragraph [210-10-45-2](https://asc.understandingaccounting.org/asc/210/10/#210-10-45-2) for a discussion of how the nature of prepaid expenses results in their classification as current assets.

#### Planned Major Maintenance Activities

##### [340-10-45-2](https://asc.understandingaccounting.org/asc/340/10/#340-10-45-2)

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See paragraphs [360-10-45-1](https://asc.understandingaccounting.org/asc/360/10/#360-10-45-1) and [908-360-45-2](https://asc.understandingaccounting.org/asc/360/908/#360-908-45-2) for a discussion of the consistent application of the method of accounting for planned major maintenance activities.