Multiple Choice
Which of the following is not part of the modified accelerated cost recovery system (MACRS) ?
A) Salvage value is ignored.
B) Used property can use MACRS.
C) Straight-line depreciation is allowed.
D) Sum-of-the-years digits depreciation is allowed.
E) All of the above are part of MACRS.
Correct Answer:
Verified
Correct Answer:
Verified
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