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Question

___________ method is normally recommended for amortization of intangible assets.

A
SYD
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B
SLM
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C
WDV
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D
DDB
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Solution

The correct option is B SLM
An intangible asset is a non-physical asset that has useful life of greater than one year. If an intangible asset has a finite useful life, you should amortize it over that useful life. Intangible assets are usually not considered to have any residual value, so the full amount of the asset is typically amortized. SLM is normally recommended for amortisation of intangible assets.

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