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Which of the following is a characteristic of transcription?
Depreciable Real Property
Real estate eligible for depreciation for tax purposes, meaning its cost can be deducted over a period of time.
Straight-Line Method
A method of calculating the depreciation of an asset that evenly spreads out its cost over its useful life.
Entertainment Expenses
Costs for business-related entertainment that may be partially deductible under certain conditions.
Listed Property
Assets required to be reported for tax purposes because they have the potential for personal use, such as cars, computers, and real property.
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