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Under IAS 23/AASB 123,if Borrowing Costs Are Directly Attributable to the Acquisition

Question 36

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Under IAS 23/AASB 123,if borrowing costs are directly attributable to the acquisition or construction of an asset that takes a considerable period of time to produce,the standard allows the alternative of treating the borrowing costs as part of the c_________ of acquisition of the qualifying asset.

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