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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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    IFRS Permits Capitalization of Interest on Specific Borrowings Related to Both
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IFRS Permits Capitalization of Interest on Specific Borrowings Related to Both

Question 27

Question 27

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IFRS permits capitalization of interest on specific borrowings related to both constructed and purchased assets.

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