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Katie32 Katie32
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A year ago
Which of the following is a key difference between depreciation and amortization?

▸ Amortization is applicable for long-term assets, whereas depreciation is applicable for short-term assets.

▸ Depreciation applies to tangible assets, whereas amortization applies to intangible assets.

▸ Amortization is calculated for liabilities, whereas depreciation is calculated for assets.

▸ Amortization is calculated for assets, whereas depreciation is calculated for liabilities.

▸ Depreciation is applicable for long-term assets, whereas amortization is applicable for short-term assets.
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Business in Action

Business in Action


Edition: 9th
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oth987oth987
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A year ago
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Katie32 Author
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A year ago
Thank you, thank you, thank you!
ky
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Yesterday
Good timing, thanks!
sudenzia
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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