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what is amortization?

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what is amortization?..

Answer / anilkumar(m.b.a)

The process of writing of intangible assets is term as
amortization.

Is This Answer Correct ?    4 Yes 0 No

what is amortization?..

Answer / unknown

Amortization is an accounting term that refers to the process of allocating the cost of an intangible asset over a period of time. It also refers to the repayment of loan principal over time.

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