rewrite the following: GASB Statement No. 51 mandates that intangible assets be accorded accounting recognition if: o They are separable; that is, they are capable of being separated or divided from the government and sold, transferred, licensed, rented, or exchanged, either individually or together with a related contract, asset, or liability o They arise from contractual or other legal rights These assets should be accounted for like other long-lived assets Outlays for internally generated intangible assets, mainly computer software, should be capitalized as an asset only when the resultant project reaches a fairly advanced stage of completion