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If a Company Desires to Be in Compliance with Current

Question 110

Multiple Choice

If a company desires to be in compliance with current income tax law and write off the cost of its assets rapidly, the firm would use:


A) straight-line depreciation.
B) sum-of-the-years'-digits depreciation.
C) accelerated depreciation.
D) the Modified Accelerated Cost Recovery System (MACRS) .
E) annuity depreciation.

Correct Answer:

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