Which of the Following Methods of Amortization Is Normally Used

question 64

Multiple Choice

Which of the following methods of amortization is normally used for intangible assets?

• A) Sum-of-the-years'-digits
• B) Straight-line
• C) Units of production
• D) Double-declining-balance

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Definitions:

Apathetic Organizational Culture

A type of organizational culture characterized by a lack of interest or concern from employees towards their work and the company's goals.

Performance

The execution or accomplishment of work, acts, feats, etc., or the manner in which an individual fulfills their duties and responsibilities.

Ethical Culture

The collective practices, beliefs, and values within an organization that influence how ethical decisions are made.

Compliance

Adherence to laws, regulations, guidelines, and specifications relevant to an organization's business activities.