Intangible assets with definite useful lives should be amortized:
A) over their useful lives.
B) over the time periods provided under IAS 36 Impairment of Assets which prescribes amortization periods for different classes of assets.
C) under the applicable capital cost allowance rates provided by the Canada Revenue Agency.
D) over two years.

Question

Quizplus · Accepted Answer

The Answer is A

Intangible Assets with Definite Useful Lives Should Be Amortized