Indicate whether each of the following statements is true or false. ________ a) MACRS is an accelerated depreciation method commonly used for tax purposes.________ b) The half-year convention is a semiannual meeting of accountants and educators.________ c) MACRS requires that the taxpayer estimate the salvage value of assets.________ d) The use of MACRS provides tax benefits in the early years of an asset's life, compared to use of the straight-line method.________ e) Most companies use the same depreciation method for both financial reporting and tax reporting.

What will be an ideal response?


a) T b) F c) F d) T e) F

Business

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If a defendant is found not guilty in a criminal case, the government can retry the case with a new jury

Indicate whether the statement is true or false

Business

Discuss the four background elements that can play an important role in determining a receiver's possible reaction and response to a message

What will be an ideal response?

Business

The last seven weeks of demand at a new car dealer are shown below. Use a three-period weighted-moving average forecast to determine a forecast for the 8th week using weights of 3, 2, and 1 (where the most recent week receives the highest weight)

(Round all forecasts to the nearest whole unit.) Calculate the MAD for this forecast (covering all weeks in which error comparisons can be made). What does the MAD indicate? Week Sales 1 25 2 30 3 27 4 31 5 27 6 29 7 30

Business

Which term below describes a contract in which there is an unequal dollar consideration?

A) Commutative B) Aleatory C) Adhesion D) Unilateral

Business