Should computer software be classified as an intangible asset or as part of property, plant and equipment?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 03, 2023 08:22 AM

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Should computer software be classified as an intangible asset or as part of property, plant and equipment?

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Computer software could qualify as an intangible asset an identifiable nonmonetary asset without physical substance to the extent it is expected to pr...View the full answer

Financial Accounting

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