Question: Consider this scenario: Your company is interested in using cloud computing from a third - party vendor for all of its software purchases. Your boss

Consider this scenario: Your company is interested in using cloud computing from a third

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party vendor for all of its software purchases. Your boss wants you to make a recommendation about the accounting treatment of software purchased through a cloud environment.

Recommend the primary way you would properly account for the related costs. Be sure to provide support for your recommendation.

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