There are few accepted general accounting principles when it comes to IT spending.

Name: There are few accepted general accounting principles when it comes to IT spending.
Brand: Quizplus
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Quizplus · Accepted Answer

There are no specific accounting principles for IT spending. However, IT expenses are usually categorized as operational expenses (OPEX) rather than capital expenses (CAPEX) and organizations may use different methods to allocate IT costs to various departments and projects.

There Are Few Accepted General Accounting Principles When It Comes