Which of the Following Properly Describes the Accounting for a Patent

Multiple Choice

Which of the following properly describes the accounting for a patent?

A) Research and development costs associated with a patent are capitalized.
B) The patent will be amortized over its useful life.
C) Patent amortization expense is accounted for within the accumulated depreciation account.
D) A patent's legal life extends to 70 years after the death of the inventor.