Which one of the following statements is not true?
A) Straight-line depreciation may be used instead of MACRS for income tax reporting.
B) If MACRS is used for tax purposes, it must be used for book purposes.
C) Salvage value is not considered when the MACRS system is in use.
D) Economic lives may be different from MACRS lives.
B
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If you were going to conduct an informative presentation to teach the audience how to create a weekly study schedule, what type of organizational pattern would you use? Why?
What will be an ideal response?
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A. challenge of responsibility B. challenge of information management C. challenge consistency D. challenge of privilege
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Indicate whether the statement is true or false