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9 Which of the following would be an example of amortization?
9 Which of the following would be an example of amortization?
a)
The cost of a patent on an "app" spread out over the useful life of the "app".
b)
The cost of a new phone system spread out over the useful life of the phone system.
c)
both a) and b) are examples.
d)
neither a) nor b) are examples.
The answer is A but I wonder why, what's the difference between A and B