3 of 50 Amortization is the process that allocates the cost of assets: a. that have a useful life of one year or less. b. that are tangible and will last more than one year. c. that are not candidates for depreciation, such as land. d. that have no physical structure, but will last for more than one year. A C X X K

Amortization is the process that allocates the cost of assets: a. that have a useful life of one year or less. b. that are tangible and will last more than one year. c. that are not candidates for depreciation, such as land. d. that have no physical-structure, but will last for more than one year