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Advanced Placement (AP)Advanced Placement (AP)
26 April, 07:56

The process of writing off an intangible asset is A. depreciation. B. depletion. C. amortization. D. None of the above

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  1. 26 April, 09:52
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    That I answered this qq
  2. 26 April, 10:15
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    The correct answer is C. amortization. It is a term commonly used in accounting to describe a the process of allocating the cost of an intangible asset over a period of time, but it is also used to describe the repayment of loan principal over time.
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