Amortization of an intangible asset is similar to which depreciation method?
A)Units-of-production depreciation
B)Straight-line
C)Double-declining balance
D)MACRS
E)None of the above

Question

Quizplus · Accepted Answer

Amortization of an intangible asset is similar to the straight-line method of depreciation, as both methods allocate the cost of the asset evenly over its useful life.

Amortization of an Intangible Asset Is Similar to Which Depreciation