Distinguish among amortization, depreciation, and depletion. O A. All three terms refer to an allocation of costs to expense over time. Allocation of intangible assets to expense is generally called depletion and reduces the carrying value of intangibles. Depreciation is the allocation of buildings and equipment and other tangible assets to expense and reduces their carrying value. Amortization is the allocation of the cost of natural resources to expense. O B. All three terms refer to an allocation of costs to expense over time. Allocation of tangible assets to expense is generally called amortization and reduces the carrying value of tangibles. Depreciation is the allocation of buildings and equipment and other intangible assets to expense and reduces their carrying value. Depletion is the allocation of the cost of natural resources to expense. O C. All three terms refer to an allocation of costs to expense over time. Allocation of intangible assets to expense is generally called amortization and reduces the carrying value of intangibles. Depreciation is the allocation of buildings and equipment and other tangible assets to expense and reduces their carrying value. Depletion is the allocation of the cost of natural resources to expense. O D. All three terms refer to an allocation of costs to expense over time. Allocation of intangible assets to expense is generally called depreciation and reduces the carrying value of intangibles. Depletion is the allocation of buildings and equipment and other tangible assets to expense and reduces their carrying value. Amortization is the allocation of the cost of natural resources to expense