A Company That Uses the MACRS System of Depreciation

question 52

Multiple Choice

A company that uses the MACRS system of depreciation

• A)cannot expense any of the cost of a new asset during the first year of the asset's life.
• B)will expense the entire cost of an asset over the asset's class life.
• C)will fully depreciate most assets over a 3-year period.
• D)will forgo any benefits normally derived from the depreciation tax shield.
• E)will have equal depreciation costs each year of an asset's life.

---

Definitions:

Suicide Plan

A specific set of actions that someone has formulated with the intention of ending their own life.

Emergency Room

A medical treatment facility specializing in emergency medicine, the acute care of patients who present without prior appointment.

Population

The total number of individuals or items under consideration in a specified area or group.

Rate

A rate is a measure, quantity, or frequency, typically one measured against another quantity or measure, such as speed (distance per time) or heart beats (per minute).