Question

hey guyz, i've got this true/false question about trademark's amortization under U.S GAAP :

Begining with 2002, U.S financial statements, U.S GAAP was changed to require amortization of trademarks on the straight-line basis.

Did this happen ? if yes, then is the year correct ?

Related Questions

What are generally accepted accounting principles (GAAP)? Who currently develops and issues GAAP? Wh... Is a straigh-line amortization basis for trademarks required under U.S GAAP ? or is another method r... How does amortization affect your taxes? a. Amortization increases the value of your assets b. Amo... Which of the following statements describes GAAP? A. GAAP standards are written and regulated by t...