Milk and sugar

Again, something different on common items as wordplay.

M is for milk itself

I is for ice cream

L is for licking

K is for kreme’ (cream). 

     and 

S is for sweet

U is for ulterior motives, maybe used

G is for grand things made with

A is for action 

R is for raising cane.

          (Note: Kreme could be foreign spelling.) (The apostrophe is also taking the place of an accent mark.)