Property Expensed Under the §179 Immediate Expensing Election Is Not

question 74

True/False

Property expensed under the §179 immediate expensing election is not included in the 40 percent test to determine whether the mid-quarter convention must be used.

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Definitions:

Measure

A tool or instrument used to quantitatively assess or determine the extent, dimensions, quantity, or capacity of something.

Manipulation

The act of controlling or influencing a person, situation, or system often in a skillful manner.

Bar Graph

A visual presentation that uses bars to depict frequencies of responses, percentages, or means in two or more groups.

Variable

An element, feature, or factor that is liable to vary or change.