Question: State and briefly explain whether or not you would recognise software as an intangible asset if it is incorporated into a machine that is dependent

State and briefly explain whether or not you would recognise software as an intangible asset if it is incorporated into a machine that is dependent on the software for its operation?

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To address whether software should be recognized as an intangible asset when it is incorporated into a machine we can look into accounting standards p... View full answer

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