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Amortization is the process of spreading the cost of an intangible asset over its useful life. Intangible assets, such as patents, copyrights, trademarks, and goodwill, are not physical assets but have value and are expected to provide economic benefits to the company over time. The cost of acquiring or creating these intangible assets is expensed over their estimated useful life through the amortization process. It is similar to depreciation for tangible assets but applies to intangible assets instead. The purpose of amortization is to match the cost of the intangible asset with the periods during which it generates revenue or benefits for the business.
Which planet is known as the Red Planet?
A stone is dropped from a height of 45 m. How long will it take to reach the ground? (Take g = 9.8 m/s² )
The main thinking part of the brain is:
Limonitic ore is the ore of which metal?
Which of the following is used as red pigment in making batteries, lead glass and rust proof primer paints?
Two waves, each of amplitude 1.5 mm and frequency 10 Hz, are travelling in opposite direction with a speed of 20 mm/s. The distance in mm between adjace...
Which of the following acids is present in an ant’s string?
Which of the following is a physical change?
Which among the following is produced using ‘Haber Process’?
Zero group was introduced by