Social Studies, 16.09.2019 16:20 colyernicholas44

Statement #1 - copyrights and patents are tangible assets that can be separately identified. statement #2 - purchased copyrights and patents are amortized on a straight line basis over 30 years. with respect to the statements about copyrights and patents acquired from an independent third party: a) only statement #1 is incorrect. b) only statement #2 is incorrect. c) both are incorrect.

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