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    Principles of Corporate Finance Study Set 4
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    Exam 16: Lease Financing: Concepts and Techniques
  5. Question
    The Investment Tax Credit (ITC) Amount Must Be Deducted from the Asset's
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The Investment Tax Credit (ITC) Amount Must Be Deducted from the Asset's

Question 13

Question 13

True/False

The investment tax credit (ITC) amount must be deducted from the asset's undepreciated capital cost (UCC) for CCA purposes.

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