ACC 304 All Assignments ACC 304 All Assignments | Page 143

a. Assets under construction for an enterprise's own use.
b. Assets intended for sale or lease that are produced as discrete
projects.
c. Assets financed through the issuance of long-term debt.
d. Assets not currently undergoing the activities necessary to prepare
them for their intended use.
34.
Assets that qualify for interest cost capitalization include
a. assets under construction for a company's own use.
b. assets that are ready for their intended use in the earnings of the
company.
c. assets that are not currently being used because of excess capacity.
d. All of these assets qualify for interest cost capitalization.