Question: a ) NZ IAS 3 8 Intangible Assets specifies different accounting treatments for internally - generated intangible assets and those that are externally acquired. Does

a) NZ IAS 38 Intangible Assets specifies different accounting treatments for internally-generated intangible assets and those that are externally acquired. Does the requirement for different accounting treatments for internally-generated and externally-acquired intangible assets contradict the requirement of the Conceptual Framework that financial statements present information that is relevant and reliable? Provide two examples to illustrate your answer.

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