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Amortization refers to writing off :
Depleting assets
Wasting assets
Intangible assets
Fictitious assets
None of these
Amortization refers to writing off the value of “Intangible assets” over their useful life. Example of Intangible assets can be goodwill, patents, copyrights, trademarks etc.
By: Munesh Kumari ProfileResourcesReport error
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