The manner in which a business amortizes a patent or copyright is the same whether the business directly purchases the patent or copyright or whether it self-creates the intangible.

Question

Quizplus · Accepted Answer

The amortization of a purchased patent or copyright is based on its purchase cost, while a self-created intangible is amortized based on its development costs.

The Manner in Which a Business Amortizes a Patent or Copyright