Why should I choose AnalystNotes?
Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.
Basic Question 0 of 4
What is the cost allocation procedure called for intangible assets?
B. Depletion
C. Amortization
A. Depreciation
B. Depletion
C. Amortization
User Contributed Comments 5
| User | Comment |
|---|---|
| stranger | a. for long term assets b. for natural resources c. for intangible assets |
| haarlemmer | Depletion is about natural resources, I think. |
| danlan | a is for tangible assets |
| freda | Goodwill is no longer amortised. It is tested every year for impairment. |
| jonan203 | if the earth ever runs out of oil, we would have DEPLETED our primary source of energy... anything you can only use ONCE, is subject to depletion; time, oil, gas, gold reserves, silver reserves, cattle, pork, sugar, etc. |
You have a wonderful website and definitely should take some credit for your members' outstanding grades.
Colin Sampaleanu
Learning Outcome Statements
explain the financial reporting and disclosures related to intangible assets
CFA® 2026 Level I Curriculum, Volume 2, Module 3.