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Author Question: Which of the following statements is false concerning interest capitalization? A. Generally ... (Read 35 times)

cagreen833

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on: Jul 5, 2018
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.

Question 2

The general term for software that connects third-party modules to ERP systems is known as
 a. DreamWeaver
  b. Middleware
  c. Microsoft
  d. NetWeaver


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lindahyatt42

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Reply #1 on: Jul 5, 2018
Answer to Question 1

D

Answer to Question 2

B


cagreen833

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

bitingbit

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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