Tronco Inc

question 21

True/False

Tronco Inc.placed in service a truck costing $40,000 on January 15 of this year.On November 1,the company placed in service $200,000 of construction equipment.Tronco is a calendar-year taxpayer.When calculating MACRS depreciation,Tronco must apply the mid-quarter convention to the construction equipment,but will use the half-year convention for the truck.

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Definitions:

Compressed Workweek

Employment scheduling that allows a full-time job to be completed in fewer than the traditional number of working days per week.

Telecommuting

Involves working at home or other places using computer links to the office.

Job Simplification

This is a management technique that involves breaking down jobs into their simplest components in order to increase productivity by reducing complexity and enhancing efficiency.

Compressed Workweek

An alternative work arrangement that allows a full-time job to be completed in fewer days than the traditional five-day workweek, often involving longer daily hours but resulting in an additional day off.