Which of the Following Statements Is Correct

question 99

Multiple Choice

Which of the following statements is correct?

• A)Most current assets are depreciated using the MACRS depreciation calculation.
• B)Most large corporations use Section 179 to depreciate their assets.
• C)Most businesses benefit from accelerated depreciation; therefore the straight-line depreciation method is preferred by most businesses.
• D)None of the statements are correct.

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Definitions:

Statistically Significant

A situation where the observed effect or difference in a study is likely not due to chance, indicating a high probability that it reflects true differences or associations.

Empirical

Based on observation or experience rather than theory or pure logic.

Type II Error

In research, the mistake of thinking that one variable does not have an effect on or relationship with another, when really it does.

Empirical Method

A way of gaining knowledge by means of direct and indirect observation or experience.