The MACRS recovery period for automobiles and computers is:
A) 10 years.
B) 5 years.
C) 7 years.
D) 3 years.
E) None of the choices are correct.

Name: The MACRS recovery period for automobiles and computers is: A) 10 years. B) 5 years. C) 7 years. D) 3 years. E) None of the choices are correct.
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Question

Quizplus · Accepted Answer

The Modified Accelerated Cost Recovery System (MACRS) assigns a 5-year recovery period for both automobiles and computers.

The MACRS Recovery Period for Automobiles and Computers Is