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Asset

is/are subjec...

Question

____________ is/are subject to amortization rather than depreciation.

A

Goodwill

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B

Copyright

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C

Patents

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D

All the three

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Solution

The correct option is D All the three
Amortisation is most commonly used for the gradual write-down of the cost of those intangible assets that have a specific useful life. Examples of intangible assets are patents, copyrights, trademarks, goodwill etc.

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The correct option is -

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