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  3. Study Set
    Essentials of Federal Taxation
  4. Exam
    Exam 10: Property Acquisition and Cost Recovery
  5. Question
    Like Financial Accounting, Most Acquired Business Property Must Be Capitalized
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Like Financial Accounting, Most Acquired Business Property Must Be Capitalized

Question 49

Question 49

True/False

Like financial accounting, most acquired business property must be capitalized for tax purposes.

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