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Are there inconsistencies in: The treatment of different types of expenditures and the recognition of 'technology' assets The treatment of expenditure incurred in developing 'technology'

Are there inconsistencies in:

  • The treatment of different types of expenditures and the recognition of 'technology' assets
  • The treatment of expenditure incurred in developing 'technology' assets compared with other long-term assets such as property plant and equipment
  • What are the consequences for the financial reports of these inconsistencies?

(note) These questions are in relation to Intangible assets

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