The MACRS recovery period for automobiles and computers is:
A) 3 years
B) 5 years
C) 7 years
D) 10 years
E) None of these

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

Quizplus · Accepted Answer

The MACRS recovery period for automobiles and computers is 5 years. This means that the cost of the automobile or computer can be deducted over 5 years using the MACRS depreciation method.

The MACRS Recovery Period for Automobiles and Computers Is