Under MACRS, an asset's estimated salvage value is not subtracted in computing the asset's depreciation basis.

Answer the following statement true (T) or false (F)


True

Under MACRS, an asset's estimated salvage value is not subtracted in computing the asset's depreciation basis.

Business

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Fierra Inc is a German automobile manufacturer that has a five percent market share in the United States' automobile market

The company has a unit in North Carolina that imports Fierra's automobiles from its parent company in Germany and assembles them. Which of the following measures is in accordance with the Foreign Commerce Clause of the U.S.? A) The government of North Carolina imposes an additional 10 percent tax on Fierra cars. B) The government of Georgia bans the sale of Fierra cars. C) The government of North Carolina asks Fierra Inc. to shut down its import unit in the state. D) The federal government imposes an additional 100 percent tax only on Fierra cars being sold in North Carolina.

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Which of the following terms is least preferred by unions when describing efforts to make joint decisions in the workplace?

A. labor-management partnership B. labor-management involvement C. labor-management participation D. labor-management cooperation

Business

________ is a concept that computer systems will become sophisticated enough that they can adapt and create their own software and hence adapt their behavior without human assistance.

A. Moore's Law B. Business intelligence systems C. The Singularity D. Knowledge management E. Expert systems

Business