Question: Problems P1: With regard to Subtopic 50, Website Development Costs, of Topic 350, IntangiblesGoodwill and Other: a. Would the Subtopic's guidance apply to a company's

Problems

P1: With regard to Subtopic 50, Website Development Costs, of Topic 350, IntangiblesGoodwill and Other:

a. Would the Subtopic's guidance apply to a company's purchase of a server computer to host a website that the company is developing? (Answer yes or no)

b. Identify the specific Subtopic, Section, and paragraph within Topic 350 that contains the scope and/or scope exceptions information on which your answer to item "a" above is based.

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