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    Taxation of Individuals
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    Exam 10: Property Acquisition and Cost Recovery
  5. Question
    How Is the Recovery Period of an Asset Determined
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How Is the Recovery Period of an Asset Determined

Question 81

Question 81

Multiple Choice

How is the recovery period of an asset determined?


A) Estimated useful life
B) Treasury regulation
C) Revenue Procedure 87-56
D) Revenue Ruling 87-56
E) None of the choices are correct.

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