Question: When an intangible asset is amortized, should the assets amortization occur over its legal life or its useful life? Give an example in which the

When an intangible asset is amortized, should the asset’s amortization occur over its legal life or its useful life? Give an example in which the legal life exceeds the useful life.

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When an intangible asset is amortized, should the assets amortization occur over its legal life or its useful life? Give an example in which the legal life exceeds the useful life.

When an intangible asset is amortized, should the assets amortization occur over its legal life or its useful life? Give an example in which the legal life exceeds the useful life. AppendixLO1

When an intangible asset is amortized, should the assets amortization occur over its legal life or over its useful life? Give an example in which the legal life exceeds the useful life. LO1

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