Question: please give me right answer thanks ! single choice Which of the following borrowing costs is NOT eligible for capitalization under IAS 23 Borrowing costs?

please give me right answer thanks ! single choice

Which of the following borrowing costs is NOT eligible for capitalization under IAS 23 Borrowing costs?

a.Exchange differences arising from foreign currency borrowings to the extent that they are regarded as an adjustment to interest costs

b.Interest in respect of lease liabilities

c.Interest expense on bank loan

d.Borrowing costs incurred when substantially all the activities necessary to prepare the qualifying asset for its intended use or sale are complete

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