Question: A. What is the difference between internally generated intangible assets and those generated through external transactions? Discuss with EXAMPLES OF EACH. B. Do you think

A. What is the difference between internally generated intangible assets and those generated through external transactions? Discuss with EXAMPLES OF EACH.

B. Do you think recognizing internally generated intangible assets leads to incorrect reporting of intangible assets? Give an EXAMPLE to support your answer.

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