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How would intangible assets with limited lives compare to those with indefinite lives? Intangible assets with limited lives would have their cost allocated over the
How would intangible assets with limited lives compare to those with indefinite lives?
Intangible assets with limited lives would have their cost allocated over the useful life while those with indefinite lives would not.
Both would have their cost allocated over the expected useful life.
Intangible assets with indefinite lives would have their cost perpetually allocated while those with limited lives would not.
Both would have their costs expensed in the accounting period in which they were acquired.
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