6/9/2020Weekly Quiz 5: Attempt review Home/My Courses/ACCT701-AP1-STACKED-37793-SUMMER2020/Module 5: June 8 - June 14/Weekly Quiz 5 Question Correct (T / F) All recorded intangible assets are subject to amortization. 1 Mark 1.50 out of Started onTuesday, June 9, 2020, 3:43 PM StateFinished Completed onTuesday, June 9, 2020, 3:54 PM Time taken10 mins 48 secs Grade15.00out of 15.00 (100%) Select one:
1/3Question 3 Correct Mark 1.50 out of 1.50
1.50 QuestionCorrect Mark 1.50 out of 1.50 (T / F) In calculating depletion, the residual value of acquired land containing an ore deposit is included in total costs subject to depletion. 2 True False Correct. Only intangible assets with finite useful lives should be amortized. The correct answer is 'False'.
