Interest is capitalized when incurred in connection with the construction of plant assets because O interest is considered a part of the acquisition cost of the related plant asset.O the decision to purchase a plant asset is a business decision separate from the financing decision. O many plant assets last longer than 20 years. O interest is considered an expense of the period. Which internal control procedure is followed when management authorizes the purchasing department to order goods and services for the company? O Segregation of duties O Safeguarding of assets and records O Independent verifications O Proper authorizations