The Word Laser Is an Acronym for

question 62

Multiple Choice

The word laser is an acronym for

• A) light amplification by stimulated emission of radiation.
• B) lighting by advanced showers of energetic rays.
• C) local atomic spectroscopy for emission and ranging.
• D) loop axial staged emergence radiometer.
• E) large area scanning electron repeater.

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Definitions:

MACRS

The Modified Accelerated Cost Recovery System, a method of depreciation for tax purposes allowing for faster recovery of assets' costs to stimulate investment.

Straight-Line Depreciation

An approach to spreading the expense of a tangible asset across its lifespan in uniform yearly sums.

Income Taxes

Taxes levied by governments on the income generated by businesses or individuals within their jurisdiction.

Changing Depreciation Methods

The process of altering the accounting method used to allocate the cost of a tangible asset over its useful life for financial reporting purposes.