Multiple Choice
A patent should
A) be amortized over a period of 20 years.
B) not be amortized if it has an indefinite life.
C) be amortized over its useful life or 20 years whichever is longer.
D) be amortized over its useful life or 20 years whichever is shorter.
Correct Answer:
Verified
Correct Answer:
Verified
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