Which of the Following Statements Is Correct

question 85

Multiple Choice

Which of the following statements is correct?

• A) Most current assets are depreciated using the MACRS depreciation calculation.
• B) Most large corporations use Section 179 to depreciate their assets.
• C) Most businesses benefit from accelerated depreciation; therefore the straight-line depreciation method is preferred by most businesses.
• D) None of these choices are correct.

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Definitions:

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Empirical Studies

Empirical studies are investigations grounded on observation, experimentation, or measurement, rather than theory alone, to acquire knowledge.

Scientific Thinking

A way of learning about the world through observing, identifying, describing, investigating, and theorizing about phenomena.

Research Utility

The extent to which research findings are useful and applicable in real-world settings.