Which of the following items should not be capitalized relating to fixed assets?

A. Interest payable on loans or deferred credits taken for the acquisition or construction of fixed assets before they are ready for use

B. Administration and general expenses

C. Expenditure incurred on test runs and experimental production

D. Stand by equipment and servicing equipment

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.