Essay
A-Amortization P-Depletion
D-Depreciation N-None of these
1. Goodwill
2. Land
3. Buildings
4. Patents
5. Copyrights
6. Research and development costs
7. Timberlands
8. Franchises (indefinite life)
9. Licenses (limited life)
10. Land Improvements
11. Oil Deposits
12. Equipment
Correct Answer:

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1. N 5. A 9. A
2. N ...View Answer
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