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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 on Qualifying Assets Which Require a Substantial Amount
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Borrowing Costs on Qualifying Assets Which Require a Substantial Amount

Question 45

Question 45

True/False

Borrowing costs on qualifying assets which require a substantial amount to construct and prepare for resale must be capitalized under IFRS.

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