Interest is not capitalized for:
A. Assets that are constructed as discrete projects.
B. Assets constructed for sale or lease.
C. Inventories routinely and repetitively produced in large quantities.
D. Interest is capitalized for all of these items.
Answer:C
Interest is not capitalized for:
A. Assets that are constructed as discrete projects. B. Assets constructed for sale or lease. C. Inventories routinely and repetitively produced in large quantities. D. Interest is capitalized for all of these items.