All of the Following Are True with Regard to the Alternative

question 12

Multiple Choice

All of the following are true with regard to the alternative depreciation system except

• A)the principal type of property for which ADS is required is any tangible property which is used predominantly outside of the United States.
• B)the ADS election is available to real property on a property-by-property basis.
• C)the ADS election is available to personal property on a property-by-property basis.
• D)once the ADS election is made for specified property,it is irrevocable.

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Definitions:

Market Value-Weighted

An index strategy where each component of the index is weighted according to its market capitalization, reflecting the proportionate value it represents.

NYSE Composite

An index that measures the performance of all stocks listed on the New York Stock Exchange, offering a broad indicator of market trends.

S&P 500

An American stock market index based on the market capitalizations of 500 large companies listed on the NYSE or NASDAQ.

Dow Jones Industrial Average

A stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.