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26-04-2024
Business

Answered

Which of the following conditions must exist for a company to capitalize the cost of a cloud computing arrangement?
1. The company does not have the ability to run the software on its own.
2. The company agrees to a contract of at least five years and cannot cancel without significant penalty.
3. Two of the other answers are correct.
4. The company has a contractual right to take possession of the software without significant penalty.

Answer :

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