The allocation of the cost of intangible assets in a systematic manner over the asset's useful life is called
A) depreciation.
B) systemization.
C) amortization.
D) impairment.

Name: The allocation of the cost of intangible assets in a systematic manner over the asset's useful life is called A) depreciation. B) systemization. C) amortization. D) impairment.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Amortization is the process of allocating the cost of intangible assets over their useful lives.

The Allocation of the Cost of Intangible Assets in a Systematic