Under MACRS, an Asset Which Originally Cost $100,000 Is Being

question 94

Multiple Choice

Under MACRS, an asset which originally cost $100,000 is being depreciated using a 10-year normal recovery period. The depreciation expense in year 11 is ________.

• A) $3,000
• B) $4,000
• C) $0
• D) $6,000

---

Definitions:

Atkinson and Shiffrin

Psychologists who proposed the multi-store model of memory, which includes the sensory register, short-term memory, and long-term memory.

Memory Storage

The process of retaining information over time, which is critical for learning, decision-making, and personal identity.

Long-Term Memory

The phase or type of memory responsible for the storage of information over extended periods, ranging from days to decades.

Modal Model

A cognitive model that describes memory as a system consisting of different stores: the sensory register, short-term memory, and long-term memory.