Q332
Intangible assets such as copyrights, trademarks and patents are applicable for
A.
depreciation
B.
amortization
AnswerC.
stock amortization
D.
perishable assets
Answer: Option B
Solution
Answer: Option B
Solution:
Intangible assets such as copyrights, trademarks and patents are applicable for amortization. Amortization is an accounting technique used to periodically lower the book value of a loan or intangible asset over a set period of time.