The Depreciable Value of an Asset, Under CCA, Is

question 158

Multiple Choice

The depreciable value of an asset, under CCA, is

• A) the original cost plus installation costs, minus salvage value.
• B) the original cost (purchase price) only.
• C) the original cost minus salvage value.
• D) the original cost plus installation.

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Definitions:

Past

The past refers to the time period that has already happened, contrasting with the present and future.

Accept

To receive or agree to take something offered or to acknowledge the truth or validity of something.

Who's

Short for "who is" or "who has," used in questions and relative clauses.

It's

A contraction for "it is" or "it has."