Factors considered in determining an intangible asset's useful life include all of the following except ________.
A) legal provisions
B) effects of technological advances
C) contractual factors
D) the amortization method

Question

Quizplus · Accepted Answer

The amortization method is not a factor in determining an intangible asset's useful life; it is a method used to allocate the cost of the asset over its useful life.

Factors Considered in Determining an Intangible Asset's Useful Life Include