Indicator Bacteria Are

question 11

Multiple Choice

Indicator bacteria are

• A)coliforms.
• B)gram-negative rods.
• C)evidence of fecal contamination.
• D)used in water quality tests.
• E)All of these choices are correct.

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Definitions:

Rental Income

Income received from allowing others the use of a property in exchange for payment, typically reported on tax returns and subject to specific rules and taxes.

Repair Expense

Costs incurred to fix or maintain property or equipment, generally deductible in the year they are incurred for tax purposes.

IRC Section 179

Allows taxpayers to deduct the cost of certain property as an expense when the property is placed in service (rephrased definition for §179 Expense).

Depreciated

The reduction in the recorded cost of an asset in accounting, reflecting wear and tear, age, or obsolescence.