Ignoring Bonus Depreciation, the Net Book Value of Equipment Will

question 28

Multiple Choice

Ignoring bonus depreciation, the net book value of equipment will:

• A) remain constant over the life of the equipment.
• B) vary in response to changes in the market value of that equipment.
• C) decrease at a constant rate when MACRS depreciation is used.
• D) increase over the taxable life of an asset.
• E) decrease slower under straight-line depreciation than under MACRS.

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