When Assets Are Sold from a CCA Pool

question 74

Multiple Choice

When assets are sold from a CCA pool:

• A)other assets' values increase.
• B)the assets sold continue in the pool.
• C)a new rate is used in the pool.
• D)the remaining pool is subject to the net acquisitions rule.

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Definitions:

Deductive Argument

A type of logic where specific conclusions are drawn from general principles or premises, with the conclusion necessarily following from the premises.

Deductive Argument

A logical process in which a conclusion follows necessarily from the given premises.

Valid

A deductive argument where the form is such that the conclusion must be true if the premises are assumed to be true.

Premises

Statements or propositions from which a conclusion is drawn in an argument, assumed to be true.