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    Intermediate Accounting Study Set 3
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    Exam 8: Cost-Based Inventories and Cost of Sales
  5. Question
    Borrowing Costs Incurred on Items Routinely Purchased for Resale May
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Borrowing Costs Incurred on Items Routinely Purchased for Resale May

Question 125

Question 125

True/False

Borrowing costs incurred on items routinely purchased for resale may be capitalized or expensed.

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