Which Depreciation Convention Is the General Rule for Tangible Personal

question 12

Multiple Choice

Which depreciation convention is the general rule for tangible personal property?

• A)Full-month
• B)Half-year
• C)Mid-month
• D)Mid-quarter
• E)None of the choices are conventions for tangible personal property.

---

Definitions:

Memorandums

Written messages, usually brief and formal, used for internal communication within organizations.

Memos

Short for memorandums, these are brief written messages used for internal communication within organizations.

Emails

Electronic messages sent over the internet, used for personal, academic, or professional communication between individuals or groups.

Social Media

Websites and applications that enable users to create and share content or to participate in social networking.