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