Question

Which of the following typically refers to the process of allocating the cost of assets used in the business over future periods? A. Amortization B. Depreciation. C. Depletion D. Impairment E. None of the above

Answer 1

B

Step-by-step explanation:

The process of allocating the cost of assets used in the business over future periods is typically referred to as depreciation. Therefore, option B is the correct answer.