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Question 1 (1 point) One financial accounting issue encountered when a company constructs its own plant is whether the interest cost on funds borrowed
Question 1 (1 point) One financial accounting issue encountered when a company constructs its own plant is whether the interest cost on funds borrowed to finance construction should be capitalized and then amortized over the life of the assets constructed. What is the justification for capitalizing interest for self-constructed assets instead of expensing it immediately?
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