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1. What are the differences between capitalizing and expensing the software development costs? Can you give an example? 2. What incentives do

Please write a 2 page essays to answer the questions in attached files.
1. What are the differences between capitalizing and expensing the software development costs? Can you give an example? 2. What incentives do managers have for capitalizing versus not capitalizing software development costs? 3. Could there be a difference in the amount of software development costs capitalized using US GAAP and IFRS? Why or why not? (Better give examples via the comparisons among companies, like one is using GAAP and the other is using IFRS) 4. Do you think software development costs capitalized using US GAAP would be more or less using IFRS? Why or why not? (Better give examples via the comparisons among companies, like one is using GAAP and the other is using IFRS)
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Hi, Please find the... View the full answer

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The decision to capitalize or expense depends upon management.
Capitalizing and expensing are two different ways of recording development cost.
Capitalizing an expenditure means amount spent for...

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