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Which of the following is different about capitalizing interest under U.S. GAAP and IFRS? -GAAP requires capitalization stop when the asset is substantially ready to
Which of the following is different about capitalizing interest under U.S. GAAP and IFRS?
-GAAP requires capitalization stop when the asset is substantially ready to use.
-GAAP requires construction to begin before interest can be capitalized.
-GAAP requires interest be capitalized on financed and unfinanced expenditures.
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