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For Depreciable Property Other Than Real Estate, MACRS Is Based

Question 141

Multiple Choice

For depreciable property other than real estate, MACRS is based upon:


A) Either the 150% or 200% declining-balance method.
B) The straight-line method.
C) A 10-year recovery period.
D) The depreciation method and recovery period used by the company in its financial statements.

Correct Answer:

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