A patent should be amortized over a period of 20 years. be amortized over its useful life

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A patent should

be amortized over a period of 20 years.

be amortized over its useful life or 20 years, whichever is longer.

be amortized over its useful life or 20 years, whichever is shorter.

not be amortized.

Related Book For answer-question

Introduction to Business Statistics

ISBN: 978-1111524081

7th edition

Authors: Ronald M. Weiers

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Posted Date: Mar 27, 2022 05:02 PM

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A patent should be amortized over a period of 20 years. be amortized over its useful life

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For businesses innovation is the most important means of staying competitive in the marketplace and the only way to keep that competitive advantage is to protect innovative ideas and prevent other com... View the full answer

Introduction to Business Statistics

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