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Does a company license software using Capex funds, or is it always Opex?

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Does a company license software using Capex funds, or is it always Opex?  Can you buy hardware with Opex or is it always Capex?  What things can you capitalize and what things require operational funding?  Where does Capex money come from and where does Opex money come from?  If you run out of Opex can you just use Capex?  What’s the difference here?  Can you sort all of this out? 

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