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yulyashka [42]
2 years ago
8

The allocation of the cost of a tangible fixed asset is referred to as_____, whereas the allocation of the cost of an intangible

asset is referred to as______.
Business
1 answer:
dimulka [17.4K]2 years ago
8 0

Answer:

Depreciation

Amortisation

Explanation:

Depreciation is a method used in expensing the cost of a tangible fixed asset e.g. machinery, building

Amortisation is a method used in expensing the cost of an intangible asset e.g. patent

Different methods of depreciation and amortisation  :

Straight line

double declining

Units of activity

sum of the years

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