The decline in value of a copyright is accounted for by:

Question

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The decline in value of a copyright is accounted for by amortization, which is the systematic allocation of the cost of an intangible asset over its useful life. Depreciation (A) is the allocation of the cost of a tangible asset over its useful life, depletion (C) is the allocation of the cost of a natural resource over the period in which it is expected to be consumed, and deterioration (D) refers to the physical wear and tear of an asset over time.

The Decline in Value of a Copyright Is Accounted for By