Multiple Choice
Which of the following assets do not qualify for capitalization of interest costs incurred during construction of the assets?
A) Assets under construction for a company's own use.
B) Assets intended for sale or lease that are produced as discrete projects.
C) Assets financed through the issuance of long-term debt.
D) Assets not currently undergoing the activities necessary to prepare them for their intended use.
Correct Answer:
Verified
Correct Answer:
Verified
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