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Which of the following is an example of a channel through which customer data are traditionally gathered?
Section 179 Expense
A tax deduction that allows businesses to deduct the full purchase price of qualifying equipment and/or software within a tax year.
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, decay, or decline in value.
Distribution
The payment of assets from a fund or account to its beneficiaries or shareholders, such as dividends or withdrawals.
Reduction in Basis
A decrease in the tax basis of an asset, which could result from deductions such as depreciation, or after receiving tax-free returns of capital.
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