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Delia Is Installing New Software on Her Computer

question 65

Multiple Choice

Delia is installing new software on her computer. In order to activate the software and complete the installation, Delia needs to type in the ____.


Definitions:

Amortisation

The systematic allocation of the depreciable amount of an intangible asset over its useful life.

Impairment

A reduction in the recoverable value of an asset below its carrying amount on the balance sheet, leading to a write-down of its value.

Intangible Assets

Non-physical assets owned by a business that have a useful life, such as patents, trademarks, and copyrights.

Capitalised

Expenses or costs that are added to the cost basis of a fixed asset on a company's balance sheet, rather than being expensed immediately.

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