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34415_2023_1: Microcredentia... IAS 23 Borrowing Costs Deloitte. IAS 23 Final Assessment Question Question 0 After completing construction of the cruise liner on 1 January 2018,

34415_2023_1: Microcredentia... IAS 23 Borrowing Costs Deloitte. IAS 23 Final Assessment Question Question 0 After completing construction of the cruise liner on 1 January 2018, Sunshine Vacation's progress to completion is as follows: On 31 December 2018, construction of the cruise liner is completed and it is ready to set sail. However, the name still needs to be painted on the cruise liner and the rooms must be equipped with linen and cutlery. On 31 January 2019, all the finishing touches (e.g., color painting) are completed and the ship undertakes her maiden voyage. The modifications outstanding as at 31 December 2018 indicate that substantially all the activities necessary to prepare the cruise liner for her intended use are Capitalization of

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