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A large, publicly held company developed and registered a trademark during 2016. The cost of developing and registering the trademark should be accounted for by
A large, publicly held company developed and registered a trademark during 2016. The cost of developing and registering the trademark should be accounted for by
Charging it to an asset account that should not be amortized | ||
Expensing it as incurred | ||
Amortizing it over 25 years if in accordance with management's evaluation | ||
Amortizing it over its useful life or 17 years, whichever is shorter |
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