Match each of the following terms with the appropriate definitions.

-The process of allocating the cost of an intangible asset to expense over its estimated useful life.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Question

Match each of the following terms with the appropriate definitions.

-The process of allocating the cost of an intangible asset to expense over its estimated useful life.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Quizplus · Accepted Answer

The Answer of Match each of the following terms with the appropriate definitions.

-The process of allocating the cost of an intangible asset to expense over its estimated useful life.
A)Obsolescence
B)Amortization
C)Depletion
D)Salvage value
E)Book value
F)Land improvements
G)Copyright
H)Inadequacy
I)Patent

Match Each of the Following Terms with the Appropriate Definitions