According to SFAS No

Multiple Choice

According to SFAS No.34,"Capitalization of Interest Cost," interest should be capitalized for assets that are

A) in use or ready for their intended use in the earnings activities of the enterprise.
B) being constructed or otherwise being produced as discrete projects for an enterprise's own use.
C) not being used in the earnings activities of the enterprise and that are not undergoing the activities necessary to get them ready for use.
D) routinely produced on a repetitive basis for inventory but require an extended period of time for completion.