Examlex
If a taxpayer uses regular MACRS for all property, an alternative minimum tax adjustment is made with respect to the depreciation on all property, regardless of the class life.
Hierarchy
A system or organization in which people or groups are ranked one above the other according to status or authority.
Vertical Division of Labour
The differentiation of job roles based on hierarchical positions within an organization, where tasks are divided according to levels of authority and expertise.
Functional
Related to the natural or intended purpose of something, describing something that is designed to be practical and useful rather than merely attractive.
Geographic
Pertains to the study of Earth's surfaces, locations, and environments, including the relationships between people and their environments.
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