Question: Amortization is the concept that applies to the: Multiple Choice expensing of long - term assets that lack physical substance over their useful lives. depreciation

Amortization is the concept that applies to the:
Multiple Choice
expensing of long-term assets that lack physical substance over their useful lives.
depreciation of prepaids and supplies as they are used.
recording of amounts collected in advance that have not yet been earned.
recording of Deferred revenue in the period cash is collected in advance of being earned.

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