What question did this study set out to answer?

The aim is to clarify the concepts of amortization and depreciation within accounting.

A Note on the Amortization of Fixed Assets.

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This note discusses the implications of amortization for accounting practices, clarifying confusion with depreciation terminology.

The aim is to clarify the concepts of amortization and depreciation within accounting.
Examines definitions of amortization and depreciation
Analyzes allocation methods for fixed assets
Discusses terminology confusion in accounting
Defines amortization as a clearer alternative to depreciation
Highlights confusion caused by the term depredation
Suggests a need for clearer communication in accounting practices

M. C. Wells (1968) studied this question.

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