Accounting and Rate Treatment of Allowance for Funds Used During Construction (``AFUDC'') and Telephone Plant Under Construction (``TPUC'')

摘要

The Commission has adopted a report and order to amend its rules regarding the accounting and ratemaking treatment for TPUC and interest costs incurred to finance construction projects. This action is to make FCC rules consistent with generally accepted accounting principles and as fair and reasonable as possible for ratemaking purposes.