Which of the Following Is True About the MACRS Depreciation

question 54

Multiple Choice

Which of the following is true about the MACRS depreciation system?

• A)No salvage value is used before depreciation percentages are applied to depreciable real estate.
• B)Residential rental buildings are depreciated straight-line over 20 years.
• C)Commercial real estate buildings are depreciated over 39 years using accelerated depreciation.
• D)No matter when equipment is purchased during the month, it is considered to have been purchased mid-month for MACRS depreciation purposes.

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Puberty

A phase of development in which an individual becomes capable of sexual reproduction, marked by maturation of the genital organs and the development of secondary sexual characteristics.

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