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goji.go goji.go
wrote...
Posts: 5977
9 years ago
Which of the following statements is false concerning interest capitalization?
A.   Generally accepted accounting principles require the capitalization of certain types of interest in Enterprise Funds.
B.   Interest cost should not be capitalized for asset acquisitions financed by restricted gifts or grants.
C.   Interest capitalization is computed differently for tax-exempt versus taxable debt.
D.   Interest capitalization is not allowed in Enterprise Funds.
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3 Replies
Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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goji.go Author
wrote...
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
9 years ago
You're very welcome!
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