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Capitalization of interest for the construction of long-lived assets is limited to interest arising from actual borrowings from: Multiple Choice owners. stockholders. outsiders. the board

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Capitalization of interest for the construction of long-lived assets is limited to interest arising from actual borrowings from: Multiple Choice owners. stockholders. outsiders. the board of directors. The mojor issue in inventory accounting is Multiple Choice determining whether to take inventory using cycle counts instead of counting all inventory only at the end of the year. deciding whether to maintain records on a periodic or perpetual basis. determining what goods to include in inventory. choosing the method for allocating goods available for sale to ending inventory and cost of goods sold

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