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Which of the following statements regarding the capitalization of interest in the acquisition cost of assets during construction are false? 0 Reduces otherwise reportable interest

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Which of the following statements regarding the capitalization of interest in the acquisition cost of assets during construction are false? 0 Reduces otherwise reportable interest expense (10) Results in lower depreciation charges, increasing net income for the post-construction periods () Delays expense recognition to the times of using the asset (iv) Reduces net income during periods of construction Multiple Choice o Cl) and (M) o and o and Gil) O (i) and ( Navt>

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