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Unformatted text preview: Codification Research System to prepare responses to the following items. User ID: AAA52348 Password: sucs548 Provide Codification references for your responses. a. Is it permissible to capitalize interest into the cost of assets? Provide authoritative support for your answer. b. What are the objectives for capitalizing interest? c. Discuss which assets qualify for interest capitalization. d. Is there a limit to the amount of interest that may be capitalized in a period? e. If interest capitalization is allowed, what disclosures are required?...
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- Spring '08