The Ability to Live in a Semi-Submerged State,have a High

question 38

Multiple Choice

The ability to live in a semi-submerged state,have a high salinity tolerance,and possess hollow tubes for root oxygenation best describes the dominant eastern North American tidal plant

• A)bald cypress (Taxodium distichum).
• B)bayberry (Myrica pensylvanica).
• C)cordgrass (Spartina alterniflora).
• D)rockweed (Fucus spp.).

---

Definitions:

MACRS

The Modified Accelerated Cost Recovery System, a method of depreciation for tax purposes that allows faster write-offs on property.

Mid-Month Convention

A rule for depreciation of business assets that assumes assets are acquired and disposed of at the midpoint of the month.

Personal Property

Assets belonging to an individual that are movable, excluding real estate or land.

Fines Paid

Monetary charges imposed as a penalty for breaking laws or regulations, generally not deductible for tax purposes.