Match Each Statement with the Correct Term Below

question 2

Multiple Choice

Match each statement with the correct term below.
-Section 179 expense

• A)The depreciation method for real estate.
• B)A term used synonymously with the term depreciation.
• C)The depreciation system for assets placed in service after 1986.
• D)The initial basis of an asset minus the amount of capital recovered.
• E)The term used to describe the amount multiplied by the MACRS percentages to calculate the annual depreciation deduction.
• F)A provision intended to provide relief to small companies by allowing an immediate deduction for purchases of business equipment and by simplifying record keeping.

Change tables back to ranges and understand the implications for data management.

Understand the process and terminology of aging data for compensation surveys.

Recognize the disparities and potential unfairness in market values of jobs.

Identify the ease of use of different survey data sources and the steps in conducting a compensation survey.