Which of the Following Is Not Part of the Modified

question 26

Multiple Choice

Which of the following is not part of the modified accelerated cost recovery system (MACRS) ?

• A)Salvage value is ignored.
• B)Used property can use MACRS.
• C)Straight-line depreciation is allowed.
• D)Sum-of-the-years digits depreciation is allowed.
• E)All of the above are part of MACRS.

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