Accounting Capital Premium > Quiz – Amortization – MCQ

Quiz – Amortization – MCQ

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  • Time Limit: Unlimited
  • Level: Easy to Medium
  • Question Type: MCQs
  • Passing Score: 90%
  • No. of Questions: 11
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Vaccine formula created by a pharmaceutical company can not be amortized.

Amortization can not be charged on videos & images created by a business.

Web application & website related costs may also be amortized.

Amortization can also be used in context of _____.

‘Amortization Expense A/C’ is _____ to record the journal entry for Amortization.

In rare cases, an intangible asset with _____ life is tested for impairment.

_____ can be amortized.

Tangible fixed assets can also be amortized.

Amortization is usually charged in _____.

Amortization is reduction in the value of _____ by prorating the cost over their useful life.

_____ is charged on intangible assets.

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