The Maximum Capital Cost Allowance (CCA) That May Be Deducted

Multiple Choice

The maximum capital cost allowance (CCA) that may be deducted for new assets is

A) the same as the depreciation calculated for the year.
B) restricted by the residual value.
C) restricted to 50% of the normal amount.
D) is the annual amount prorated based on when the asset was purchased during the year.