Examlex
In which of the following situations is the power of suppliers high in an industry?
Cost Recovery Deduction
Cost Recovery Deduction is a tax deduction that allows individuals or businesses to recover the cost of an investment or asset over time, through depreciation or amortization.
Office Furniture
Items of furniture intended for use in an office environment, including desks, chairs, and filing cabinets.
§179
A provision in the U.S. tax code allowing businesses to deduct the full purchase price of qualifying equipment or software within the tax year it is purchased.
Ordering Rules
These are rules that dictate the sequence in which transactions or operations are conducted, often found in technical, financial, or legal contexts to ensure clarity and fairness.
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