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( 3 points) Which of the following is NOT true about capitalizing interest under U.S. GAAP? (A 24) U.S. GAAP requires companies have a construction

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( 3 points) Which of the following is NOT true about capitalizing interest under U.S. GAAP? (A 24) U.S. GAAP requires companies have a construction loan in order to capitalize interest. U.S. GAAP requires capitalization stop when the asset is substantially ready to use. US. GAAP requifes construction to begin before interest can be capitalized. U.S. GAAP requires payments on construction to be made before interest can be capitalized. ( 3 points) Which of the following is different about capitalizing interest under U.S. GAAP and IFRS? (A 22 \& 45) GAAP requires payments to be made on the project before interest can be capitalized. GAAP requires capitalization stop when the asset is substantially ready to use. is syditures ( 3 points) Which of the following is NOT true about capitalizing interest under U.S. GAAP? (A 24) U.S. GAAP requires companies have a construction loan in order to capitalize interest. U.S. GAAP requires capitalization stop when the asset is substantially ready to use. US. GAAP requifes construction to begin before interest can be capitalized. U.S. GAAP requires payments on construction to be made before interest can be capitalized. ( 3 points) Which of the following is different about capitalizing interest under U.S. GAAP and IFRS? (A 22 \& 45) GAAP requires payments to be made on the project before interest can be capitalized. GAAP requires capitalization stop when the asset is substantially ready to use. is syditures

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