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Under the MACRS System,automobiles and Computers Are Classified as Seven-Year

question 50

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Under the MACRS system,automobiles and computers are classified as seven-year property.


Definitions:

Vascular Plants

Plants that have specialized tissues (xylem and phloem) for transporting water, nutrients, and sugars throughout the organism.

Angiosperms

The traditional name for flowering plants, a very large (more than 300,000 species), diverse phylum of plants that form flowers for sexual reproduction and produce seeds enclosed in fruits; include monocots and eudicots.

Gymnosperms

Gymnosperms are a group of seed-producing plants that includes conifers, cycads, Ginkgo, and gnetophytes, distinguished from flowering plants by having naked seeds.

Liverworts

A group of non-vascular plants belonging to the division Hepaticophyta, characterized by a liver-like appearance and commonly found in moist, shaded environments.

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