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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 7: Accounting for the Business-type Activities of State and Local Governments
  5. Question
    Enterprise Funds May Capitalize Interest Paid on Debt Incurred for Construction
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Enterprise Funds May Capitalize Interest Paid on Debt Incurred for Construction

Question 27

Question 27

True/False

Enterprise funds may capitalize interest paid on debt incurred for construction of plant assets.

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