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- IAS 23 – Borrowing Costs 0%
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Question 1 of 4
How shall an entity recognise borrowing costs that are directly attributable to the acquisition, construction or production of a qualifying asset?CorrectIncorrect
Question 2 of 4
A qualifying asset is an asset that necessarily takes __________ to get ready for its intended use or sale.CorrectIncorrect
Question 3 of 4
Which of the following cannot be a qualifying asset?CorrectIncorrect
Question 4 of 4
Assets that are ready for their intended use or sale when acquired are not qualifying assets.CorrectIncorrect