Which of the following methods is commonly used to amortize intangible assets over their useful lives?
A) declining balance
B) straight line
C) annual review for impairment
D) none of these since intangible assets are not amortized

Question

Quizplus · Accepted Answer

The straight-line method is commonly used to amortize intangible assets over their useful lives, spreading the cost evenly across the period.

Which of the Following Methods Is Commonly Used to Amortize