Examlex
The hard disk of a computer running the Windows Server 2019 operating system fails. A colleague tells you that the data on the hard disk can be regenerated as soon as it is replaced with a new one. Can you identify why this solution is feasible?
CCA Class
A categorization in Canadian tax law that determines the depreciation rate for tax purposes on capital assets.
Depreciation Tax Shield
A reduction in taxable income for a business, resulting from the depreciation expense claimed on tangible assets.
Tax Rate
The percentage of income or value that is collected by the government as tax.
MACRS Depreciation
A method of depreciation in the U.S. that allows for a faster write-off of assets under the tax code.
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