Which of the following statements about the amortization of software development costs are true? (Select all that apply.) Check All That Apply Under U.S. GAAP, the percentage used to amortize computer software development costs is the lesser of (1) the ratio of current revenues to current and anticipated revenues or (2) the straight-line percentage over the useful life of the software. Under U.S. GAAP, the percentage used to amortize computer software development costs is the greater of (1) the ratio of current revenues to current and anticipated revenues or (2) the straight-line percentage over the useful life of the software. Amortization under IFRS typically occurs over the useful life of the software, based on the pattern of benefits. The approach required by U.S. GAAP is not allowed under IFRS