MACRS eliminates several sources of potential conflict between the IRS and taxpayers concerning an asset's useful life and the calculation of the depreciation deduction

a. True
b. False
Indicate whether the statement is true or false


True

Business

You might also like to view...

A budgeting method that allocates funds to a promotion as a percentage of past or anticipated sales, in terms of either dollars or units sold, is referred to as ________ budgeting.

A. linear forecast B. objective and task C. percentage of sales D. all-you-can-afford E. competitive parity

Business

The proliferation of new media alternatives has led many firms to shift their promotional budgets from

A. advertising to direct marketing and website development. B. publicity to public relations. C. integrated marketing communications to disintegrated marketing communications. D. indirect marketing to viral marketing. E. personal selling to advertising.

Business

When job analysis shows that managers and employees disagree on parts of a job, the best answer is to:

A. collect more data. B. hire an experienced compensation consultant. C. refer the problem to the compensation committee. D. use quantitative job analysis.

Business

If a stock is near it's 52 week low, that means the stock

A) is trading at its lowest volume for past year. B) has a stock price that is near the lowest for the past year. C) is reflecting very low sales for the company that issued the stock. D) is a high risk investment.

Business