Which of the Following Correctly Describe(s)cost Recovery of Automobiles Placed

question 53

Multiple Choice

Which of the following correctly describe(s) cost recovery of automobiles placed in service in 2012?

• A)Total depreciation, including bonus depreciation, cannot exceed $9,600.
• B)No cost recovery is allowed if the automobile is used 50% or less for trade or business.
• C)The amount of the depreciation deduction cannot exceed $11,160.
• D)No cost recovery is allowed for automobiles used for production of income activities.

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Definitions:

Carrying Capacity

The maximum population size of a species that an environment can sustain indefinitely, given the food, habitat, water, and other necessities available in the environment.

Logistic Equation

A mathematical model used to describe the growth of populations under limiting conditions, showing a sigmoid curve.

Aggregated Distribution

A pattern of population distribution where individuals are clustered together in groups.

Random Dispersion

The spatial distribution pattern of a population in which the presence of one individual has no effect on the distribution of other individuals. Compare with clumped dispersion and uniform dispersion.