Identify Which of the Following Statements Is True

question 27

Multiple Choice

Identify which of the following statements is true.

• A)Depreciation on real property may be a tax preference item for purposes of computing AMT.
• B)Depreciation on real property may be an adjustment item for purposes of computing AMT.
• C)Adjustments to taxable income always increase alternative minimum taxable income.
• D)Both A and B are true.

---

Definitions:

Physical Address

In computer networking, it refers to the unique identifier (MAC address) assigned to every network interface for communication at the physical layer.

IP Address

Internet Protocol Address, a unique string of numbers separated by periods that identifies each computer using the Internet Protocol to communicate over a network.

Dotted Quad

A format used to express IPv4 addresses, consisting of four decimal numbers separated by dots, each ranging from 0 to 255.