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    Intermediate Accounting Study Set 7
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    Exam 11: Long-Term Operating Assets: Acquisition, Cost Allocation
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    For Constructed Assets, the Amount of Capitalized Interest Is Calculated
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For Constructed Assets, the Amount of Capitalized Interest Is Calculated

Question 19

Question 19

True/False

For constructed assets, the amount of capitalized interest is calculated as total construction costs times the applicable interest rate.

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