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Am i right?

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Am i right?

  • This topic has 3 replies, 2 voices, and was last updated 11 years ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 22, 2014 at 11:16 am #162801
    emmu
    Member
    • Topics: 31
    • Replies: 40
    • ☆☆

    M understanding is that a loan if taken specially for the construction of a qualifying asset will be called a qualifying loan whereas if a loan is taken for general purposes then only that portion would be regarded as qualifying loan that is used in the construction of a qualifying asset. ……is this correct or only the loan taken specifically is regarded as qualifying loan?

    March 22, 2014 at 6:05 pm #162813
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    You are correct – only the amount of the loan spent on the qualifying asset

    March 23, 2014 at 6:41 pm #162869
    emmu
    Member
    • Topics: 31
    • Replies: 40
    • ☆☆

    Thanks

    March 23, 2014 at 6:55 pm #162876
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23318
    • ☆☆☆☆☆

    You’re welcome

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