All Assets Subject to Amortization Have the Same Recovery Period

question 108

True/False

All assets subject to amortization have the same recovery period.

---

Definitions:

Human Service Organizations

Agencies or institutions that provide social services aimed at improving the well-being of individuals, families, and communities.

Organizational Capacity Building

The process of developing and strengthening the skills, instincts, abilities, processes, and resources that organizations and communities need to survive, adapt, and thrive in a fast-changing world.

Development

The process of growth, progress, or improvement in various contexts such as economic, social, personal, or technological areas.

Cost-Per-Dollar-Raised Ratio

A metric used in fundraising and nonprofit management that measures the cost of raising one dollar of donations.