Question
Asked Dec 9, 2019
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32. Under MACRS, which one of the following is not considered in determining depreciation for tax purposes?

A) Half-year convention

B) Cost of asset

C) Salvage value

D) Property class

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Expert Answer

Step 1

Modified Accelerated Cost Recovery System (MACRS) is the prescribed method of depreciation that is used only for the purposes of tax. Under ...

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