Which of the Following Statements Is Most Correct

Which of the following statements is most correct?

A) The reason why the U.S. Congress allows business to use MACRS depreciation as opposed to conventional
methods is to reduce the business tax burden over the project life.
B) Under the declining balance depreciation system, it is always desirable to switch to straight-line
depreciation.
C) When determining the cost basis for an asset's depreciation, you must include all the costs that were
incurred to keep the asset in operable condition.
D) The main reason why a typical firm may use a straight-line depreciation method in reporting an income to
outside investors (as opposed to any other accelerated tax depreciation methods) is to abide by the accounting
principle-that is to report the true cost of doing business.