According to generally accepted accounting principles,most expenditures for intangible assets acquired from others should be treated as revenue expenditures when incurred.

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According to generally accepted accounting principles, most expenditures for intangible assets acquired from others should be treated as capital expenditures and amortized over their useful life, not as revenue expenditures when incurred.

According to Generally Accepted Accounting Principles,most Expenditures for Intangible Assets