A large,publicly held company developed and registered a trademark during 2010.The cost of developing and registering the trademark should be accounted for by
A) Charging it to an asset account that should not be amortized
B) Expensing it as incurred
C) Amortizing it over 25 years if in accordance with management's evaluation
D) Amortizing it over its useful life or 17 years,whichever is shorter
Correct Answer:
Verified
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