To elect not to capitalize works of art and similar assets, a government must see that the assets meet all of the following criteria excepta. the assets must be held for public exhibition, education, or research in furtherance of public service, rather than for financial gain. b. the assets must be protected, kept unencumbered, care for, and preservedc. the assets must be subject to an organizational policy that requires the proceeds from sales of the collection items be used to acquire very similar items for the collectiond. the assets must be subject to an organizational policy that requires the proceeds from sales of the collection items be used to acquired other items for the collection