Author Question: Amortization is the ________. A) allocation of a natural resource's cost to an expense account as ... (Read 78 times)

sabina

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Amortization is the ________.
 
  A) allocation of a natural resource's cost to an expense account as the resource is consumed
  B) allocation of an intangible asset's cost to an expense account over the asset's estimated useful life
  C) allocation of building and equipment cost to an expense account over the assets' estimated useful lives
  D) capitalization of a long-term asset's cost

Question 2

A(n) ___________________ ___________ indemnifies a company in case it suffers losses from defalcations committed by its employees.
 Fill in the blank(s) with correct word



fauacakatahaias

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Answer to Question 1

B

Answer to Question 2

fidelity bond



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