He proper accounting for intangible assets requires that
a) the cost of internally developing an intangible asset that is not specifically identifiable be recorded as an asset.
b) the cost of intangible assets acquired from others be deducted from income in the year of acquisition.
c) an accelerated method of amortization be used.
d) the cost of intangible assets acquired from others be recorded as an asset.

Letter c is correct

Explanation:

For intangible assets proper accounting should be done through amortization, which helps in reducing the amounts applied to intangible assets in the organization. Some examples of intangible assets that may be amortized are websites, trademarks and patents. The company may also define the useful life of an intangible asset, the intangible asset that has an organization-defined useful life will be accounted for over the period determined to generate cash flows, and the intangible asset with an indefinite useful life is anyone who has no specific period for generating positive net results in the organization.