In accordance with GAAP, the maximum period over which a patent can be amortized is
a. 20 years.
b. 28 years.
c. 40 years.
d. 50 years.
Ans: a. 20 years.
Business
a. 20 years.
b. 28 years.
c. 40 years.
d. 50 years.
Ans: a. 20 years.