What is the term used for matching the cost of an intangible asset with the revenues generated through the use of the asset?
A)Depletion.
B)Amortization.
C)Appraisal.
D)Book value.

Question

Quizplus · Accepted Answer

The term used for matching the cost of an intangible asset with the revenues generated through the use of the asset is amortization. Depletion is the term used for allocating the cost of natural resources, appraisal is the process of estimating the value of an asset, and book value is the value of an asset as recorded on a company's balance sheet.

What Is the Term Used for Matching the Cost of an Intangible