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Question 1 0.16 pts The interest capitalization period for a self-constructed asset ends either when the asset is substantially complete and ready for use or
Question 1 0.16 pts The interest capitalization period for a self-constructed asset ends either when the asset is substantially complete and ready for use or when interest costs no longer are being incurred. er True False Question 2 0.16 pts The amount of interest to capitalize for self-constructed assets includes interest on borrowed amounts since inception of the loan, regardless of when construction expenditures are made. True O False Question 3 0.16 pts Interest may be capitalized: TrueWhether or not there is specific borrowing for the construction. FalseWhether or not there are actual interest costs incurred. On self-constructed assets from the date an entity formally adopts a plan to build a discrete project. On routinely manufactured goods as well as self-constructed assets
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