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Which of the following identifies a qualifying asset for purposes of determining whether borrowing costs related to such asset are to be capitalized? (Select the
Which of the following identifies a qualifying asset for purposes of determining whether borrowing costs related to such asset are to be capitalized? (Select the best answer.) a. An asset that is in use for its intended use in the earning activities b. An asset that takes more than one year to get ready for its intended use c. Inventory that is produced in large quantities on a repetitive basis d. An asset that is constructed for an entity's own use within a six month period
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