(Answered) Using the internet and strayer library research the

Accounting

Using the Internet and Strayer Library, research the accounting treatment for cloud computing software purchases. Next, imagine that your company is interested in using cloud computing for all of its software purchases from a third party vendor. Your boss wants you to make a recommendation about the accounting treatment of software purchased through a cloud environment. Based on your research, recommend the primary way in which you would properly account for the related costs. Provide support for your recommendation.

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