When can the capitalisation of borrowing costs begin for a qualifying asset?Your answerAAs soon as the loan agreement is signed, even if expenditure on the asset has not yet begun.BOn the first day of the financial year in which the asset is built, whatever the progress of the works.CWhen expenditure is incurred, borrowing costs are incurred and the activities to prepare the asset are in progress.DAfter the budget is approved by management, even without any expenditure being committed.SubmitHint