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Amortization of unidentified intangible assets is in terms of

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Amortization of unidentified intangible assets is in terms of

A).  Conservatism concept

B).  Materiality concept

C).  Matching concept

D).  Cost concept


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Answered by on | Votes 0 |

 Matching concept



Amortization of unidentified intangible assets is in terms of Matching concept. In the Matching Concept of Accounting, all the expenses matched with the revenue of an accounting period should only be taken into consideration.

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