SOLVED: Replace the following weak Codification references with stronger language.a. I found the following guidance in ASC 330-10-30-1, "The primary basis of accounting for inventories iscost..."b. In the Codification, ASC 720-15-25-1 says that "Costs of start-up activities, including organization costs, shallbe expensed as incurred."c. Per GASB Statement No. 51, “. . . all intangible assets not specifically excluded by its scope provisions beclassified as capital assets." (Summary page).[Hint:
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