If an Automobile Is Placed in Service in 2014,the Limitation

question 70

True/False

If an automobile is placed in service in 2014,the limitation for cost recovery in 2016 will be based on the cost recovery limits for the year 2014.

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Definitions:

Hypothesis

An initial hypothesis put forward to explain a phenomenon that serves as a basis for further study and can be verified by experimental and observational means.

Scientific Theory

A well-substantiated explanation of some aspect of the natural world, based on a body of evidence and repeatedly tested hypotheses.

Testable Explanation

A hypothesis that can be supported or refuted through experimentation or observation.

Hypothesis

A proposed explanation for a phenomenon, subject to further testing and experimentation.