Question: An intangible asset should * be amortized over a period of 4 0 years. not be amortized if it has an indefinite life. be amortized

An intangible asset should*
be amortized over a period of 40 years.
not be amortized if it has an indefinite life.
be amortized over its useful life or 40 years, whichever is longer.
be amortized over its useful life or 40 years, whichever is shorter.
pick the correct answer

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