Examveda
Examveda

Intangible assets such as copyrights, trademarks and patents are applicable for

A. depreciation

B. amortization

C. stock amortization

D. perishable assets

Answer: Option B

Solution(By Examveda Team)

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.

This Question Belongs to Commerce >> Financial Management

Join The Discussion

Related Questions on Financial Management

Investment is the _______________.

A. net additions made to the nation’s capital stocks

B. person’s commitment to buy a flat or house

C. employment of funds on assets to earn returns

D. employment of funds on goods and services that are used in production process