A copyright is obtained for what becomes a very successful book.The publisher expects the book to generate sales for ten years.The copyright should be
A)amortized over the author's life plus 70 years.
B)expensed immediately.
C)amortized over 10 years.
D)amortized over a reasonable life.

Question

Quizplus · Accepted Answer

The copyright should be amortized over the expected life of the book, which in this case is ten years. This means that the cost of the copyright should be spread out and recognized as an expense over the ten-year period that the publisher expects the book to generate sales.

A Copyright Is Obtained for What Becomes a Very Successful