All of the Following Are True with Regard to the Alternative

question 12

Multiple Choice

All of the following are true with regard to the alternative depreciation system except

• A)the principal type of property for which ADS is required is any tangible property which is used predominantly outside of the United States.
• B)the ADS election is available to real property on a property-by-property basis.
• C)the ADS election is available to personal property on a property-by-property basis.
• D)once the ADS election is made for specified property,it is irrevocable.

---

Definitions:

Ottoman Empire

A historical empire founded at the end of the 13th century in northwest Anatolia, it expanded to include vast territories in Southeast Europe, Western Asia, and North Africa before its dissolution after World War I.

International Tensions

Strained relations between nations due to disputes, conflicts of interest, ideologies, or competition, which can sometimes lead to confrontation or war.

Crimean War

A military conflict from 1853 to 1856 in which Russia lost to an alliance of France, Britain, the Ottoman Empire, and Sardinia, highlighting the need for Russian reform.

Third Republic

The republican government of France from 1870, following the defeat of Napoleon III in the Franco-Prussian War, until 1940, when France fell to German forces in World War II.