When can interest be included in the acquisition cost of a plant asset?
A : during the construction period of a self-constructed asset
B : when the asset is purchased on credit
C : when the asset acquisition is financed by a long-term note payable
D : when it is a part of a lump-sum purchase
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Home » Business » When can interest be included in the acquisition cost of a plant asset? A : during the construction period of a self-constructed asset B : when the asset is purchased on credit C : when the asset acquisition is financed by a long-term note payable D