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Copyrights, trademarks, and other intangible assets are expensed over their useful lives through the process of: Multiple choice question. depreciation depletion impairment amortization

Respuesta :

Answer:

Amortization

Explanation:

Amortization is an accounting technique that is applied for lowering the book value or for an intangible asset for a period of time. It is same as depreciation as depreciation is to be charged over the tangible fixed asset such as building, furniture, etc

But the amortization should be charged on the intangible assets like copyrights, trademarks etc

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