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    Fundamentals of Financial Accounting Study Set 5
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    Exam 3: Reporting Operating Results on the Income Statement
  5. Question
    Costs Are Said to Have Been "Capitalized" When
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Costs Are Said to Have Been "Capitalized" When

Question 29

Question 29

Multiple Choice

Costs are said to have been "capitalized" when:


A) they are financed by the company.
B) they are recorded as assets.
C) the company calculates the worth of the asset based on the revenue generated.
D) they are recorded as expenses

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