Why should I choose AnalystNotes?

Simply put: AnalystNotes offers the best value and the best product available to help you pass your exams.

Basic Question 1 of 9

What is the cost allocation procedure called for intangible assets?

A. Depreciation
B. Depletion
C. Amortization

User Contributed Comments 5

User Comment
stranger a. for long term assets
b. for natural resources
c. for intangible assets
haarlemmer Depletion is about natural resources, I think.
danlan a is for tangible assets
freda Goodwill is no longer amortised. It is tested every year for impairment.
jonan203 if the earth ever runs out of oil, we would have DEPLETED our primary source of energy...

anything you can only use ONCE, is subject to depletion; time, oil, gas, gold reserves, silver reserves, cattle, pork, sugar, etc.
You need to log in first to add your comment.
I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

explain the financial reporting and disclosures related to intangible assets

CFA® 2025 Level I Curriculum, Volume 2, Module 3.