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Specification languages would allow users to indicate their requirements and would then implement those requirements.
Internally Generated
Refers to assets, benefits, or revenues produced within a company through its own processes and activities.
Identifiable Intangibles
Non-monetary assets without physical substance, which can be separated from a company and sold, transferred, licensed, rented, or exchanged.
Intangible Assets
Assets that lack physical substance, like copyrights, patents, trademarks, and goodwill.
Physical Substance
A characteristic referring to the tangible nature of an asset, implying it has a material existence.
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