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 Intangible Assets specifies different accounting treatments for internallygenerated intangible assets and those that are externally acquired. Does the requirement for different accounting treatments for internallygenerated and externallyacquired 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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