A tax shield loss is created upon the sale of an asset from a pool will occur whenever:
A)salvage is greater than zero.
B)the asset has been partially depreciated.
C)the corporation keeps two sets of books.
D)the asset's market value exceeds its book value.

Question

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The Answer of A tax shield loss is created upon the sale of an asset from a pool will occur whenever:
A)salvage is greater than zero.
B)the asset has been partially depreciated.
C)the corporation keeps two sets of books.
D)the asset's market value exceeds its book value.

A Tax Shield Loss Is Created Upon the Sale of an Asset