Once again, in the second quarter of 2001, WorldCom capitalized $560 million of operating line costs. The capitalized line costs in both the first and second quarters of 2001 were booked in asset accounts labeled "Construction in Progress."Employees in the property Accounting group, which oversaw the company's assets,later transferred the capitalized line cost amounts from Construction in Progress to in-service asset accounts. Interestingly, the transfer of capitalized line cost amounts happened at about the same time that WorldCom's outside auditors expressed an interest in reviewing certain Construction in Progress accounts (as part of their normal substantive testing procedures).