FactSet Interview Question

What is the difference between amortization and depreciation?

Interview Answers

Anonymous

Sep 17, 2024

Amortization is charged on intangible assets like goodwill. Depreciation is charged on tangible assets like machinery

1

Anonymous

Sep 17, 2024

Amortization is charged on intangible assets like goodwill. Depreciation is charged on tangible assets like machinery