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Amortization of unidentified intangible assets is in terms of

This question belongs to Commerce Accounting
Accounting
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Amortization of unidentified intangible assets is in terms of

Answer & Solution
Correct Answer: Option C
Amortization of unidentified intangible assets is in terms of Matching concept. In the Matching Concept of Accounting, all the expenses matched with the revenue of an accounting period should only be taken into consideration.
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