Question: Internal use software costs are: a. always expensed b. always capitalized c. capitalized once the preliminary costs is completed d. capitalized once the preliminary cost

Internal use software costs are: a. always expensed b. always capitalized c. capitalized once the preliminary costs is completed d. capitalized once the preliminary cost is completed and the software will be used to perform the function.

---------- cannot be separated from the entity and sold , transferred , licensed ,rented ,or exchanged. a. internally developed identifiable intangible asset b. tangible asset c.purchased identifiable intangible asset d. unidentifiable intangible asset

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