According to SFAS No. 34, interest on self-constructed assets should be capitalized." Team 2: Criticize...
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Accounting
According to SFAS No. 34, interest on self-constructed assets should be capitalized."
Team 2: Criticize the provisions of SFAS No. 34. Present arguments against capitalizing interest. Tie your arguments to the concepts and definitions found in the conceptual framework. (Finance theory would say that interest is a return to the capital provider, the lender. Finance theory might assist you in your argument).
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