Under MACRS, which one of the following is not considered in determining depreciation for tax purposes?
A) Cost of asset
B) Property recovery class
C) Half-year convention
D) Salvage value

Name: Under MACRS, which one of the following is not considered in determining depreciation for tax purposes? A) Cost of asset B) Property recovery class C) Half-year convention D) Salvage value
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Question

Quizplus · Accepted Answer

MACRS does not consider salvage value in determining depreciation for tax purposes.

Under MACRS, Which One of the Following Is Not Considered