The Term Used to Describe the Allocation of the Cost

question 67

Multiple Choice

The term used to describe the allocation of the cost of an intangible asset to the periods it benefits is

• A)depletion.
• B)apportionment.
• C)amortization.
• D)depreciation.

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Definitions:

Infancy

The stage of human development from birth to approximately two years of age, characterized by rapid physical growth and cognitive development.

Social Construction

An idea or concept that is understood and exists because of societal consensus, rather than being inherent or natural.

Human Development

The multidisciplinary study of how people change and grow over the course of their life, including physical, cognitive, social, and emotional growth.

Preschool Program

An educational initiative designed for young children before they begin compulsory education, aiming to develop basic skills and social behavior.